#Logicworks 5 ground full#

'Although the Own Resources proposal was due in June 2021, Commissioner Hahn, when discussing with BUDG MEPs on Tuesday, put forward a reasonable argument that the entire Own Resources package should be presented at the same time' We should also consider that the proceeds of a digital tax organised, at an EU level, could feed into national budgets before it eventually supports the EU budget through Member StatesвЂ™ Gross National Income (GNI) contributions. The Commission has put the proposal on hold until the OECD/G20 level agreement is finalised. It is far more valuable to place it alongside the digital levy and global corporate tax than in segments. But does this really mean that the Parliament is impatient to go to court against the Commission or the Council for not meeting the deadline prescribed in the Inter-institutional Agreement?ДЄlthough the Own Resources proposal was due in June 2021, Commissioner Hahn, when discussing with BUDG MEPs on Tuesday, put forward a reasonable argument that the entire Own Resources package should be presented at the same time. The ParliamentвЂ™s ECR Group is clear that the quality of Own Resources justifies the extended calendar deadlines.ДЄnd we approach the Inter-institutional Agreement, on a roadmap for the EUвЂ™s future own resources through the same prism.Дuring this weekвЂ™s debate, several political views emphasised the legally-binding aspect of the agreement.

Rather than pushing through a proposal just for the sake of it, we should develop an appropriate structure that respects all Member States accordingly. Is the timeline issue of the Inter-institutional Agreement really so crucial? The proposal must include an impact assessment of the individual resources of each Member State a component promised by European Commissioner for Budget and Administration Johannes Hahn. 'Our primary concern should be ensuring that the proposal's contents do not stretch beyond the means of EU Member States, as opposed to fretting over dates and deadlines' Our primary concernВ however, should be ensuring that the proposal's contents do not stretch beyond the means of EU Member States, as opposed to fretting over dates and deadlines.

Nevertheless, such a measure must be carefully deliberated. In principle, I agree with the argument that the вЂNext Generation EU instrument requires financing beyond current means, and that a proposal for new Own Resources could provide an answer. However contrary to the hopes of the parliamentвЂ™s centre and centre-left political groups, the European CommissionвЂ™s proposal should not establish a permanent federal budget entity. The debate clearly illustrated that, through the eyes of centrist and centre-left MEPs, the new Own Resources proposal must be urgently pushed through, presenting they believe, a long-awaited вЂHamiltonianвЂ™ moment offering new permanent tax opportunities and debt offsets. Own resources: Is it really a вЂHamiltonianвЂ™ moment?

#Logicworks 5 ground full#

The European Parliament was back in full motion this week and hit the ground running.ДЇor the Budgets Committee (BUDG), the big topic was the new Own Resources proposal and the need to develop new income sources to sustain the Next Generation EU recovery instrumentвЂ™s borrowing.ДЇrom the parliamentary debate earlier this week, one thing is certain: MEPs are divided on the issue.