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 Full text 
Tuesday, 10 March 2020 - Brussels Provisional edition

Conclusions of the special European Council meeting of 20 February 2020 on the Multiannual Financial framework (debate)

  Loránt Vincze (PPE). – Madam President, the failure to reach an agreement on the MMF in February was brushed off by many as a necessity for talks to succeed later on, but the negotiation also had to fail because it started from a totally wrong premise – that Europe is divided between generous benefactor countries and poor ones living off handouts. It failed to consider how closely the EU budget is interlinked with the Single Market that everybody benefits from. It overlooked all the dividends for all the Member States from the internal market, as well as the indirect benefits they receive from the implementation of the cohesion funds.

In reality, the EU budget is not a financial burden, it is an investment tool. In reality, it is not fair that today Member States benefiting from rebates contribute less to the EU budget as a share of GNI than others. The non-transparent and unfair system of rebates has no reason to exist in an EU which wants to be strong, cohesive and relevant.

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