The EU should have the financial means to tackle challenges such as coronavirus or migration, said MEPs in a plenary debate on the EU long-term budget.
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MEPs are arguing for a strong EU budget for 2021-2027 that will respond to the challenges Europe faces and deliver on Europeans’ expectations.
Parliament President David Sassoli reminded EU leaders Parliament approval is needed for the EU budget and said MEPs would not accept just any agreement.
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The EU's long-term budget spending
MEPs underlined that Parliament will only give its consent to a budget that meets the European Union’s ambitions, in a debate on EU funding for 2021-2027.
The European Commission needs to clarify how it plans to fund new policy proposals for the EU's budget for 2021-2027, said the budget committee.
Ahead of today's EU summit to decide how best to invest to meet people’s expectations, Parliament’s negotiators are warning not to expect substantial progress from it.
The European Commission should create a plan B to protect the recipients of EU funding, if talks on the EU’s long-term budget are further delayed, according to Parliament.
Most MEPs welcomed an EU Commission plan to raise national contributions to 1.11% of GNI and introduce new sources of revenue for the next long-term EU budget.
Parliament has adopted its position on a new EU programme to support investment and access to finance from 2021 to 2027.
The EU should in the future have more possibilities to finance itself directly instead of being mostly funded by member states, according to a report to be presented to Parliament on Thursday 12 January. Such a system of own resources was already in place for decades in the past and should be readopted. Report co-author Alain Lamassoure spoke to us ahead of the presentation, pointing out that the proposals would not result in a power shift from national governments to Brussels.
On 14 March MEPs adopted Parliament’s official negotiating position for the EU’s next long-term budget starting in 2021.
MEPs are pushing for a flexible long-term budget for the EU to enable it to successfully meet unforeseen challenges. This is reflected in new agreement between the Parliament and EU countries, which is paving the way for the EU to respond better to crises related to for example security, migration or natural disasters.