US EditionIs Europe Worth Less than Nato?
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5 Articles
Is less more? The EU Agriculture Commissioner responds to criticism that the financial envelope for farmers will be reduced for 2028 to 2034.
PwC | European Commission unveils ‘own resources’ proposals | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources European Commission unveils ‘own resources’ proposals
What happened? On 16 July the European Commission (Commission) presented the proposal for a EUR 2 trillion Multi- Annual Financial Framework (MFF) for 2028 to 2034. The proposal includes expanding existing own resources and a new own resource, CORE (Corporate Resource for Europe). The MFF needs to be adopted under a special legislative procedure which requires unanimity in the Council. Why is it relevant? The ambitious MFF amounts to almost EUR …
The proposal for a European Union budget for 2028 – 2034 is an increase in Brussels's power, an increase in revenue for policies benefiting the most competitive countries and proof that Europeans do not want to spend too much on Europe.
Solidarity leads to internal competition, subsidiarity is replaced by centralization and the principle of cohesion poses the risk of becoming an institutional rhetorical only.
A report by the Galicia Europa Foundation, analyzed in the Consello de la Xunta this Monday, is worth 480 million euros (80 million per year) the cut for Galician agriculture in the European Commission's proposal for the new multiannual financial framework 2028-2034.
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