Currently, the bulk of revenue is provided by a GNI-based resource and a VAT-based resource, which Member States perceive as national contributions rather than EU own resources. In 2020, these two resources accounted jointly for more than three quarters of EU financing (see Figure 7). According to a number of analysts and stakeholders, including the European Parliament, the predominant role of national contributions promotes a focus in budgetary negotiations on Member States’ net balances and programmes with geographically pre-allocated expenditure. In the MFF negotiations, Parliament managed to obtain a roadmap for the introduction of other new own resources in addition to the one linked to non-recycled plastic waste. The additional new own resources should cover at least the repayment costs of NGEU.
EU revenue in 2020
We write about
Disclaimer and Copyright statement
The content of all documents (and articles) contained in this blog is the sole responsibility of the author and any opinions expressed therein do not necessarily represent the official position of the European Parliament. It is addressed to the Members and staff of the EP for their parliamentary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy.
For a comprehensive description of our cookie and data protection policies, please visit Terms and Conditions page.
Copyright © European Union, 2014-2022. All rights reserved.