Johannes Hahn

    • Commission proposes draft EU budget 2022 aimed to speed up recovery

      Commission proposes draft EU budget 2022 aimed to speed up recovery

      The Commission on Tuesday proposed an annual EU budget of €167.8bn for 2022, to be complemented by an estimated €143.5bn in grants under NextGenerationEU, EC Press service reported. Their combined firepower will mobilise significant investments to boost the economic recovery, safeguard sustainability, and create jobs. It will prioritise green and digital spending in order to make Europe more resilient and fit for the future.

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    • EU needs new sources of revenue, MEPs stress

      EU needs new sources of revenue, MEPs stress

      New streams of EU revenue to be proposed in July should bring fairer taxation and help repay the debt incurred to finance the EU recovery plan, MEPs said on Tuesday, EP Press service reported. In a debate in plenary, Commissioner Johannes Hahn confirmed that the Commission will table proposals for three new EU income streams based on a carbon border adjustment mechanism, a digital levy and the EU Emissions Trading System as specified in the “roadmap for new Own Resources”.

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