Progress: Procedure completed
Legal Basis:
RoP 132-p2Events
The European Parliament adopted by 505 votes to 119, with 69 abstentions, a resolution tabled by the EPP, S&D, Renew, Greens/EFA and ECR groups on the new multiannual financial framework, own resources and the recovery plan.
Parliament stressed that European citizens must be at the heart of the recovery strategy, warning the Commission against any attempt to define a European recovery strategy that is outside the community method and resorts to intergovernmental means.
A credible European Recovery and Transformation Fund
Parliament called on the Commission to present a massive recovery package in line with its resolution of 17 April 2020. It called for the creation of a EUR 2 trillion Recovery and Transformation Fund to be financed by the issue of long-term recovery bonds guaranteed by the EU budget and subject to a repayment plan. The duration of the Fund would depend on the expected scale and duration of the impact of the current crisis.
The package would take the form of loans and, for the most part, grants, direct investment payments and equity, with the Fund being directly administered by the Commission. The financial assistance should be granted to programmes in the EU budget which are subject to parliamentary scrutiny and involvement and which meet the appropriate audit and financial reporting requirements.
Support for SMEs, Green Deal, digital agenda
The Recovery and Transformation Fund should be aligned with the structure and objectives of the Multiannual Financial Framework (MFF) and be operational as soon as possible this year. It should be financed in addition to current and future EU policies and should neither affect the EU's strategic objectives nor result in a reduction of the MFF.
The recovery measures should support SMEs by increasing employment opportunities and skills to mitigate the impact of the crisis on workers, consumers and families.
Therefore, Members called for investments to be prioritised in the Green Deal, the digital agenda and the establishment of European sovereignty in strategic sectors and to be accompanied by a coherent industrial strategy, shorter and more diversified supply chains and a reorientation of trade policies. They called for the creation of a new independent European Health Programme.
A strong multi-annual financial framework for the recovery of the European Union and for the future
Recalling its position on the need for an ambitious MFF that meets the expectations of EU citizens, Parliament requested that the Commission's revised proposal for the MFF 2021-2027 should include the new Recovery and Transformation Fund in addition to the next MFF.
Members warned the Commission against any attempt to define the European recovery strategy without basing it on the MFF and its programmes. They called for Parliament to be involved in the definition, adoption and implementation of the Recovery Fund and to be at the heart of the decision-making process in order to ensure democratic accountability.
Parliament warned the Commission against using misleading headline figures when presenting its recovery plan and against presenting a revised MFF in which the recovery plan would be financed at the expense of existing or future programmes.
New own resources
Parliament called for a reform of the EU own resources system to avoid a further increase in Member States' direct contributions to the EU budget. It called for the recovery plan to be part of an upwardly revised MFF that includes new own resources such as: (i) a common consolidated corporate tax base, (ii) a digital services tax, (iii) a financial transaction tax, (iv) income from the emissions trading scheme, (v) a plastics contribution and (vi) a carbon border adjustment mechanism.
Members also reiterated their position in favour of abolishing all rebates and corrections, simplifying the VAT-based own resource and using fines and fees as additional revenue for the EU budget.
Parliament called for an immediate and permanent increase in the own resources ceiling to meet the needs of the MFF and the Recovery and Transformation Fund and to take account of the anticipated GNI drop after the recession induced by the crisis.
Documents
- Motion for a resolution: B9-0156/2020
- Motion for a resolution: B9-0157/2020
- Motion for a resolution: B9-0158/2020
- Debate in Parliament: Debate in Parliament
- Decision by Parliament: T9-0124/2020
- Motion for a resolution: B9-0156/2020
- Motion for a resolution: B9-0157/2020
- Motion for a resolution: B9-0158/2020
Activities
- Eider GARDIAZABAL RUBIAL
Plenary Speeches (1)Institutional Motions (1)
- Philippe LAMBERTS
Plenary Speeches (1)Institutional Motions (1)
- Dacian CIOLOŞ
Plenary Speeches (1)Institutional Motions (1)
- Luis GARICANO
Plenary Speeches (1)Institutional Motions (1)
- Andrus ANSIP
Plenary Speeches (1)
- Tiziana BEGHIN
Plenary Speeches (1)
- Simona BONAFÈ
Institutional Motions (1)
- Fabio Massimo CASTALDO
Plenary Speeches (1)
- Lefteris CHRISTOFOROU
Plenary Speeches (1)
- Nicola DANTI
Plenary Speeches (1)
- Andor DELI
Plenary Speeches (1)
- Angel DZHAMBAZKI
Plenary Speeches (1)
- Ismail ERTUG
Plenary Speeches (1)
- Giuseppe FERRANDINO
Plenary Speeches (1)
- José Manuel FERNANDES
Institutional Motions (1)
- Raffaele FITTO
Plenary Speeches (1)
- João FERREIRA
Plenary Speeches (1)
- Agnes JONGERIUS
Plenary Speeches (1)
- Ska KELLER
Institutional Motions (1)
- Zbigniew KUŹMIUK
Plenary Speeches (1)
- Ryszard Antoni LEGUTKO
Institutional Motions (1)
- Mairead McGUINNESS
Plenary Speeches (1)
- Marisa MATIAS
Institutional Motions (1)
- Martina MICHELS
Institutional Motions (1)
- Cláudia MONTEIRO DE AGUIAR
Plenary Speeches (1)
- Jan OLBRYCHT
Institutional Motions (1)
- Dimitrios PAPADIMOULIS
Institutional Motions (1)
- Bronis ROPĖ
Plenary Speeches (1)
- David Maria SASSOLI
Plenary Speeches (1)
- Pedro SILVA PEREIRA
Plenary Speeches (1)
- Maria SPYRAKI
Plenary Speeches (1)
- Paul TANG
Plenary Speeches (1)
- Nils TORVALDS
Plenary Speeches (1)
- Evžen TOŠENOVSKÝ
Plenary Speeches (1)
- Ernest URTASUN
Plenary Speeches (1)
- Guy VERHOFSTADT
Plenary Speeches (1)
- Rainer WIELAND
Plenary Speeches (1)
- Jan ZAHRADIL
Plenary Speeches (1)
- Marco ZANNI
Institutional Motions (1)
- Carlos ZORRINHO
Plenary Speeches (1)
- Josianne CUTAJAR
Plenary Speeches (1)
- Pedro MARQUES
Plenary Speeches (1)
- Robert HAJŠEL
Plenary Speeches (1)
- Lars Patrick BERG
Plenary Speeches (1)
- Manuel BOMPARD
Institutional Motions (1)
- José GUSMÃO
Institutional Motions (1)
- Henrike HAHN
Plenary Speeches (1)
- Joachim KUHS
Plenary Speeches (1)
- Pierre LARROUTUROU
Plenary Speeches (1)
- Benoît LUTGEN
Plenary Speeches (1)
- Stéphane SÉJOURNÉ
Plenary Speeches (1)
- Petros KOKKALIS
Institutional Motions (1)
- Margarida MARQUES
Plenary Speeches (1)
- Antonio Maria RINALDI
Plenary Speeches (1)
- Sara CERDAS
Plenary Speeches (1)
- Atidzhe ALIEVA-VELI
Plenary Speeches (1)
- Andżelika Anna MOŻDŻANOWSKA
Plenary Speeches (1)
- Francesca DONATO
Plenary Speeches (1)
- Milan BRGLEZ
Plenary Speeches (1)
- Janina OCHOJSKA
Plenary Speeches (1)
- Anna-Michelle ASIMAKOPOULOU
Plenary Speeches (1)
- László TRÓCSÁNYI
Plenary Speeches (1)
- Pernille WEISS
Plenary Speeches (1)
- Antoni COMÍN I OLIVERES
Plenary Speeches (1)
- Carles PUIGDEMONT I CASAMAJÓ
Plenary Speeches (1)
Votes
B9-0158/2020 - am 1 #
B9-0158/2020 - am 2 #
B9-0158/2020 - am 3 #
B9-0158/2020 - § 9 #
B9-0158/2020 - § 10 #
B9-0158/2020 - § 11 #
B9-0158/2020 - § 12/1 #
B9-0158/2020 - § 12/2 #
B9-0158/2020 - § 16/1 #
B9-0158/2020 - § 16/2 #
B9-0158/2020 - § 22/1 #
B9-0158/2020 - § 22/2 #
B9-0158/2020 - am 4 #
B9-0158/2020 - Résolution #
History
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