11 / 09 / 2020
On 11 September 2020, during the third round of the trilogue discussion between the European Parliament (EP), European Commission (EC) and the German Council Presidency, the EP’s negotiating team for next long-term EU budget and Own Resources reform welcomed the positive movement and progress on a binding roadmap for the three institutions on new sources of EU revenue and on reinforcements of future-oriented EU programmes. With the Council conclusions in last July 2020, EU flagship programmes like Horizon Europe will see significant cuts and EP’s budget negotiators insist on “not jeopardising future-oriented EU programmes”. MEPs already showed their strong “willingness to bridge the gap between their respective positions and scaled down their request for top-ups to EU programmes from more than 40 programmes to 15 flagship programmes, in line with Parliament’s resolution of 23 July on the European Council agreement”.
At the EP Plenary, which will take place on 14-17 September 2020, MEPs are set to vote and accelerate the procedure that will enable the EU to borrow €750 billion for the “Next Generation EU” recovery plan. The Council will then swiftly adopt the Own Resources decision and start the ratification process in 27 EU Member States so that the recovery plan can be launched as soon as possible.