EU Revenue: The Future of Own Resources
Today Commissioner Šemeta deliverred a speech "EU Revenue: The Future of Own Resources" at the conference on EU Multiannual Financial Framework 2014-2020. In his speech Commissioner sumarized the main proposals of the Commission and explained why the proposed reform to the financing rules of the EU budget is necessary.
"The proposals on EU financing made by the Commission in June are probably the most comprehensive and ambitious since the own resource Decision in 1970. We invite the Member States and the elected representatives of EU citizens in the European and national parliaments to examine our proposals in detail. You will find that our approach is underpinned by serious analysis, deep economic arguments and also reflects the demands expressed by many to reform our financing system."
To read the full speech click here.