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In June 2023, the European Commission adopted an amended proposal for a Council decision on the introduction of new own resources, following its December 2021 proposal. The amended proposal is in line with the roadmap included in the Interinstitutional Agreement on Own Resources, part of the 2021-2027 multiannual financial framework and the Next Generation EU package. Parliament is due to vote on the Committee on Budgets report during its November I plenary session, after which the Council can adopt ...

System of own resources of the EU

Sracfhéachaint 16-11-2022

The European Commission adopted a proposal for a Council decision on the introduction of new own resources in December 2021. It relates to the interinstitutional agreement on own resources linked to the 2021 2027 MFF and the Next Generation EU (NGEU) package that were introduced in response to the pandemic. Proceeds from additional own resources would help repay the NGEU debt. Parliament is due to vote on the report by the Committee on Budgets during its November II plenary session. This is an important ...

This note provides a brief overview of Parliament involvement in scrutinising the Recovery and Resilience Facility (and the European Union Recovery Instrument). It is based on Regulation 2021/241 of 21 February, setting out the Recovery and Resilience Facility, and the relevant parts of the new Interinstitutional Agreement on budgetary matters established between the Parliament, the Council and the Commission. It does not cover nor discusses in detail other instruments or frameworks for scrutiny, ...

This study was prepared at the request of the Budget Committee and assesses the Commission’s recent legislative proposals for the new own resources included in the interinstitutional roadmap agreed together with the NextGenerationEU programme. These are a plastic-based contribution as well as own resources based on the EU Emission Trading System and a carbon border adjustment mechanism. Also, own resources based on the reallocation of taxation rights on profits of large MNE according to Pillar I. ...

This note prepared by the Economic Governance Support Unit provides an overview of the EP’s accountability hearings in the context of the Single Supervisory Mechanism.

The European Parliament has long sought to ensure that, by voting in European elections, European citizens not only elect the Parliament itself, but also have a say over who would head the EU executive – the European Commission. What became known as the 'Spitzenkandidaten process' is a procedure whereby European political parties, ahead of European elections, appoint lead candidates for the role of Commission President, with the presidency of the Commission then going to the candidate of the political ...

The European Parliament and Council adopted a new multiannual plan for management of fisheries in the Western Waters, an area of the north-east Atlantic along the western coast of the EU. The plan covers fisheries exploiting stocks of fish and crustaceans living close to the sea bottom (i.e. 'demersal fisheries'), including several deep-sea stocks. It aims to ensure that these stocks are exploited sustainably and that their management is based on the most up-to-date scientific information. The fishing ...

The next MFF and Own Resources

Sracfhéachaint 15-02-2019

Background Note for the BUDG Interparliamentary Committee Meeting of the European Parliamentary Week of 18 February 2019.

European Commission President Jean-Claude Juncker’s State of the Union address to the European Parliament, and the subsequent debate, on 12 September 2018 is to be the last one during the current mandate. It comes in the context of the ongoing reflection on the future path of the European Union, especially in view of the European elections next May. The debate will therefore be an occasion to reflect on the legacy and achievements of this Commission, to present the priorities until the end of the ...

This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the LIBE Committee, examines the available mechanisms for personal data transfers between the EU and the UK after Brexit. The study shows that an adequacy finding for the UK would be beneficial, but insufficient. Notably, and to the extent that there is a consensus on these points, there is a need for a bespoke instrument that establishes a standstill period, and ...