23-01-2020 09:30
EU Own Resources and Fiscal Policy harmonisation: untapped potential for synergies?

József Antall building, 6Q2
Workers pushing a Euro coin over a map of the European Union.
Own Resources © Image used under the license of Shutterstock

On 23 January, the BUDG committee held a public Hearing entitled "Own Resources and Fiscal Policy harmonisation: Untapped potential for synergies?", under the chairmanship of the two own-resources rapporteurs Mr José Manuel Fernandes (EPP, PT) and Ms Valérie Hayer (RE, FR).

The objective of the hearing was to examine the reform of the own resources system from an angle of possible fiscal harmonisation and overall efficiency of public finances in the EU. It looked beyond the own resources' primary function of financing the EU budget and also considered the added value of potential economic impact and policy co-benefits, thus provided timely input for the ongoing negotiations of the Multiannual Financial Framework 2021-2027.

Organised in two panels, the hearing presented a variety of speakers from the institutions as well as academia.