New own resources in the MFF proposal

Where to find new EU own resources that match the need for more ambitious European policies? How high is the revenue potential of diverse options, and what is their economic impact? To answer these questions, the EU Investment Capacity Group – an initiative by FEPS and FES to stimulate the discussion within the progressive family around the next MFF – gathered on Monday, 17 November from 12:15 to 13:45 at FEPS HQ in Brussels and online.

Margit Schratzenstaller presented a draft policy brief discussing the European Commission’s proposals for the EU own resources. She also suggested principles on which new EU resources should be based and proposed some alternative options.  In particular, she suggested that a tax based on companies’ gross operating surplus could be a better option than the CORE proposal of the Commission, which faces a lot of criticism due to its design.

The discussion benefited greatly from the participation of Irena Peresa, Head of Unit for Revenue Policy and Management in DG BUDGET, who provided useful insights on the rationale behind the Commission proposal. 

On the occasion of this meeting, the Group also launched the policy brief “Public investment in the proposed 2028-2034 EU budget“, which assesses the adequacy of the MFF for the fulfilment of the EU investment needs.

For more information about this roundtable, please do not hesitate to contact Luis Sáez Jiménez, FEPS Project Officer (luis.saez@feps-europe.eu)