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French MPs divided over taxes for EU budget
Date 22/10/2010 13:00  Author webmaster  Hits 1166  Language Global
22 OCT 2010

EurActiv

French parliamentarians are divided on whether to change the way the European Union is financed after the European Commission presented proposals this week to give the EU its own resources to fund the budget. EurActiv France reports.

On Tuesday (19 October), the Commission presented options for the EU's budget, which is currently overwhelmingly funded by member states. An EU VAT, an air transport tax and a share of new financial, corporate or energy taxes are listed among the possibilities.

The EU executive has proposed increasing the EU's own resources for the next long-term budgetary period from 2014 to 2020, suggesting that the bloc should obtain its funds directly rather than relying on member states for financial support.

The next EU budgetary period will have to be approved by the European Parliament and both governments and national parliaments.

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