The European Parliament wants an ambitious EU budget that funds the recovery and helps build a green Europe without burdening taxpayers or future generations. But how? With additional revenue streams called ‘own resources’.

health (2841)

EU budget

Environment

Parliament pushes for new EU revenue sources

https://api.multimedia.europarl.europa.eu/documents/20125/4859632/N01-PUB-200713-ORMF-EN.srt

to deal with the fallout of the coronavirus pandemic.

small levies on things like plastic waste.

and we don't want to burden the taxpayers."

With the EU economy experiencing a deep recession,

Parliament is calling for the level of own resources

burdening future generations of Europeans.

"The idea is not to make European citizens pay,

those who don't pay their fair share of taxes.

who have been the winners in this crisis.

That mean companies which avoid their taxes.

that pollute and have no regard for our standards."

Parliament is also proposing own resources

like income from the carbon emissions trading scheme,

and a carbon border adjustment mechanism.

unless it includes a reform of revenue sources.