The chairman of the European Union's leaders proposed on Friday filling the...
BRUSSELS - The chairman of the European Union’s leaders proposed on Friday filling the hole left by Britain in the bloc’s next long-term budget with revenue from a new tax on plastics and funds from trading carbon emissions.
The departure of Britain from the bloc on Jan. 31 left a gap of more than 10 billion euros a year in the EU’s funding, since it was a leading contributor to the budget after Germany. The EU is also considering other taxes — on the digital economy, flying, financial transactions and on products made with high CO2 emissions imported into the EU — as further sources of revenue.
“The ceiling is too high, the modernisation too little. There remains a need for permanent corrections to ensure fair burden sharing,” the diplomat said. Michel said EU funding should be conditional on governments respecting the rule of law - a point many of the net payers insisted on to keep pressure on Poland and Hungary that stand accused of violating democratic checks and balances.
Norge Siste Nytt, Norge Overskrifter
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