Centre news
24.07.2020

Guardian - No substantial new resources for Europe

Apart from a plastic tax, the European Council agreement does not contain any new resources for the EU budget, Lucas Guttenberg is quoted in the Guardian.

For the first time, the Commission is allowed to borrow money on the markets for EU expenditure. As historical as this outcome of the recent European Council summit is, it does not mean that we are close to the United States of Europe. Apart from a plastic tax, the agreement does not contain any genuinely new own resources, Lucas Guttenberg is quoted in the Editorial of the Guardian.

Find the full article here.

Image: CC Annie Spratt, Source: Unsplash