17-21 July 2020 Special European Council: EU summit compromise

EU summit compromise: positive step for recovery, inadequate in the long-term. Commenting on the conclusions of the 17-21 July EU summit, EP negotiators welcome the recovery fund but warn that their agreement to the long-term EU budget cannot be taken for granted.

The European Parliament in plenary session in Strasbourg 2020. © European Parliament Images/European Union-EP

 

EU summit compromise: positive step for recovery, inadequate in the long-term

Commenting on the conclusions of the 17-21 July EU summit, EP negotiators welcome the recovery fund but warn that their agreement to the long-term EU budget cannot be taken for granted.

After five days of intense discussions, the Heads of State and Government reached a political compromise. Parliament’s negotiating team on the Multiannual Financial Framework (MFF) and Own Resources (OR) welcomes the fact that at last a common position has been achieved, and that the newly created Recovery Instrument (Next Generation EU) is financed with a borrowing of EUR 750 billion. But Parliament remains critical on some essential aspects of the compromise, particularly on the long-term perspective.

“The Recovery Instrument is an important step towards a new ambition for the Union: greener, more competitive and digital. This massive borrowing is an historical moment for the European Union, and we should not disregard what just happened.” However we regret that the Member States decided to entirely abandon the ‘bridge solution’, whose objective was precisely to provide immediate crisis response to the citizens, following the Covid-19 outbreak. In a context where the virus in on the rise again, citizens need certainty. Parliament will continue working hard to ensure that the recovery starts without delays. Furthermore, democratic oversight must be substantially increased: Parliament, as one arm of the budgetary authority will fight to be fully involved in the establishment and implementation of the Recovery Instrument”, said the EP’s negotiators on Tuesday.

“The picture is much more negative when it comes to the EU long-term budget (the MFF). Parliament cannot accept the proposed record low ceilings as they mean renouncing to the EU’s long-term objectives and strategic autonomy, while citizens ask for more. More European solidarity, more European action in public health, in research and digitalisation, youth, and in the historical fight against climate change. Key programmes to reach these objectives have been considerably shrunk, and lost most of their top-ups under Next Generation EU. We will strive to secure improvements, including higher amounts, on future-oriented MFF programmes like Horizon, InvestEU, LIFE, Erasmus+. And if our conditions are not sufficiently met we will adopt the programmes on the basis of the existing MFF, as foreseen by the Treaty”, warned the members of the EP’s negotiating team.

“The compromise is also a flagrant missed opportunity when it comes to modernising the revenue side, making it fairer and more transparent. The EU is now allowed to borrow funds but there is no certainty on how the debt will be repaid. Parliament has been clear: the recovery should not reduce investment capacities nor harm the national taxpayer. This is why new genuine own resources are the solution to repay the common debt, but the plastic-based contribution will not do the trick alone! We recall our strict demand to that respect: a binding commitment for the introduction of additional own resources as soon as 2021, and still in the course of the MFF 2021-2027. Furthermore, despite the United Kingdom leaving the EU, the insistence on the rebates has been extremely tough and results in a big step back for the European project: instead of being abolished, rebates are kept and even increased.

Additionally, Parliament remains firmly against watering down the mechanism to reduce or suspend EU funding if a Member State disrespects the rule of law, and this issue should not be put off but addressed now. Parliament has stood ready to enter into negotiations under co-decision to continue building a Europe of fundamental rights.

Parliament remains ready to immediately enter negotiations in order to achieve a better agreement for Europe”, the MEPs added.

 

Special European Council, 17-21 July 2020. On 21 July 2020 EU leaders agreed on the €750 billion recovery package to help the EU tackle the crisis caused by the pandemic. © European Parliament Images/European Union-EP

 

The EP’s negotiating team for the next long-term EU budget and Own Resources reform

Johan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets

Jan Olbrycht (EPP, PL), MFF co-rapporteur

Margarida Marques (S&D, PT), MFF co-rapporteur

José Manuel Fernandes (EPP, PT), Own Resources co-rapporteur

Valérie Hayer (RENEW, FR), Own Resources co-rapporteur

Rasmus Andresen (Greens/EFA, DE)


Next steps

The Council will now finalise its mandate to enter negotiations with Parliament, which will have a final say before the 2021-2027 budget can enter into force. The current multiannual budget runs out on 31 December 2020. Parliament will set out its conditions and take up negotiations with the German Presidency of the Council of the EU as soon as possible.

 

Press Release, European Parliament, Press room , July 22, 2020. Source: https://www.europarl.europa.eu/news/en/press-room/20200721IPR83702/eu-summit-compromise-positive-step-for-recovery-inadequate-in-the-long-term

Republished by Intell News Romania in English on July 23, 2020

About Claudiu Victor Gheorghiu 95 Articles
My name is GHEORGHIU CLAUDIU VICTOR and I was born in October 1967 in Bucharest. In 1998 I took the master degree at University from Bucharest , the Faculty of History- universal old history section- with theme (CONSTANTIN the GREAT and CHRISTIANITY) at professor LIGIA BARZU. In 1991 I graduated Art School , PAINTING section with TITU DRAGUTESCU. I painted sacred pictures from 1990. I paint in technique tempera or tempera with egg on wood. During the period 1992-1994 I was managership at COLEUS modern art gallery . I am titular member of the Association Branch of Religious Plastic Arts and Restoration : AFAPRR of UAP from Romania: Romanian Fine Arts Union from April 17, 2019, admitted by contest, as well as I was trainee member during the period 2016-2019, admitted by contest. I was member in Plastic Background(FP) belong Romanian Fine Arts Union (UAP) from 7th of December 2000, admitted by contest. From 25th of May 2015 I was elected Media advisor of the Steering Committee of the Association Branch of Religious Plastic Arts and Restoration : AFAPRR of UAP from Romania: Romanian Fine Arts Union. From 2014 I am member VISARTA(from March 31, 2017, I was elected in the Steering Committee of Visarta, during the period 2017-2022), the Romanian Visual Arts Copyright Collecting Society. I have 4th Personal Exhibitions with sacred art organized by UAP from Romania- Romanian Fine Arts Union in Bucharest (2001,2003,2004 at ArTei Gallery, 2007 at Galateea Gallery) and another at Silva Gallery in Busteni(2007-2008). I have also 2 Personal Exhibitions in Italy : I was Honor Guest, representing Romania, with sacred art, June 2003 at Pisa and in October 2006 ”The ICONS, sacred pictures in contemporary world” at Viadana(Mantua). I won some prizes in Italy and I participated, admitted by contest, at some art fairs and international exhibitions around the world, representing Romania: most of them in Italy, but also in France, Greece, Japan, Peru, South Korea, Switzerland. From May 2015 to January 2016 I was Contributing Editor at CULTURE (Fine Arts, Exhibitions, History, Religion) at the newspaper Jurnalul Bucurestiului. From 17th of January 2016 I was advanced Senior Editor at the same newspaper . From 1st of November 2015 to 31st of December 2016 I was Contributing Editor and Thematic Advisor at News Agency Lacasuri Ortodoxe and Press service LO News. From 1st of January 2016 I am Senior Editor at CULTURE at the Intell News: Global news, press and event analysis. From May 3, 2019, I am also publisher commentator at the newspaper Ultima Oră.