Opinion factsheet

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    Reflection paper on the Future of EU Finances

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    : CDR 3718/2017
    : WOŹNIAK, Marek
    : EPP (European People's Party)
    : COTER
    : Adopted
    : 01/02/2018
    This opinion aims at deepening the debate on different scenarios presented by the European Commission in the White Paper on the Future of Europe last March. In addition to the scenarios put forward in the Reflection Paper, the rapporteur also looks into the desired size of the next MFF, its flexibility provisions, multiple challenges it will have to face, as well as the concept of European Added Value.
    THE EUROPEAN COMMITTEE OF THE REGIONS

     is convinced that the Reflection Paper's analysis demonstrates the need to change the governance rules applying to the MFF and the EU's financing system;

     calls for the future common financial framework to be larger so as to enable the EU to assume responsibility for fulfilling the goals in the treaties and new political priorities and the resulting duties;

     is concerned to note that the Reflection Paper – dedicated to issues that will be crucially important to Europe's structure in the coming years – does not underline the role of local and regional authorities;

     suggests to support a seven-year-period for the last time before adjusting it to the electoral cycle;

     welcomes the proposed concept of European added value, which relates to treaty-based commitments;

     notes that the "net balance" approach and protracted negotiations over each euro spent obscure real European added value;

     calls for the MFF to be harmonised and made more transparent; the Committee remains convinced, therefore, of the need to include special instruments in the structure of the MFF and to ensure synergies with the help of a single rule book;

     reiterates its call to introduce new sources for own resources in the form of a package combining different taxes;

     calls on the Member States to consider increasing their contributions to the EU budget based on their level of revenue as measured by gross national income (GNI);

     calls for the future budget to be set at no less than 1.3% of the EU's GNI, thus supporting the European Parliament's standpoint on this question;

    - proposes the creation of a crisis reserve for situations when a new task or an unforeseen crisis comes up, and a non-programmed reserve. It also suggests strengthening the special flexibility tools that currently exist.
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