The EU Budget Is Threatened with a Shortfall without an Agreement on New Taxes, Warns the European Court of Auditors
4 Articles
4 Articles
The warning from the Luxembourg auditors: "Without agreement on new sources of revenue more difficult and less ambitious choices." I call on expenditure errors, increasing, and calling for better control systems
Without an agreement on new sources of revenue, the EU's future long-term budget could face significant shortfalls, according to an annual report published on Thursday by the European Court of Auditors (ECA), TASR's correspondent reports. The European Court of Auditors has called on politicians to ensure that the new budget model for the years...
The EU's upcoming long-term budget requires countries to agree on new taxes to avoid being underfunded, warns the ECA, the watchdog. This is reported by Rapporteur (formerly Euractiv).
Photo: Unsplash/Ibrahim Boran "It is important to note that about 20 percent of the proposed budget of two billion euros depends on new sources of income that have not yet been approved," said the President of the European Court of Auditors, Tony Murphy, Reporter (formerly Euraktiv) reported. As Murphy warned, if these revenues are not realized, the EU could face a significant budget deficit, which, as pointed out, would require higher contribut…
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