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Own Resources and the Future of Europe

Dates:
  • Thu 23 Feb 2017 11.00 - 12.30
  Add to Calendar 2017-02-23 11:00 2017-02-23 12:30 Europe/Paris Own Resources and the Future of Europe

On 23 February Professor Mario Monti, Chair of the high level group on own resources, gave a lecture at the European University Institute in Florence to present the findings of the high level group on the ‘Financing of the European Union’. The report calls for a reform of the current financing mechanisms guided by the principles of simplicity, transparency, equity and democratic accountability.
According to the report a number of taxes linked to EU policies could be allocated by the Member States to the EU and partially replace the current mechanisms while not increasing the resources. These recommendations could be implemented without any Treaty change; they would respect the fiscal sovereignty of the Member States and would not seek to create a new supranational power of the Commission.
The report also highlights the need to reflect on how the EU Budget is spent; the EU Budget should be concentrated on areas with the highest European added value.
Professor Monti kindly accepted to address the European University Institute community on how the reform of the EU’s financing mechanisms can contribute to a wider reform of the EU to better respond to the present challenges with a transnational dimension.
The lecture was chaired by Professor Renaud Dehousse, President of the European University Institute

Theatre, Badia Fiesolana DD/MM/YYYY
  Theatre, Badia Fiesolana

On 23 February Professor Mario Monti, Chair of the high level group on own resources, gave a lecture at the European University Institute in Florence to present the findings of the high level group on the ‘Financing of the European Union’. The report calls for a reform of the current financing mechanisms guided by the principles of simplicity, transparency, equity and democratic accountability.
According to the report a number of taxes linked to EU policies could be allocated by the Member States to the EU and partially replace the current mechanisms while not increasing the resources. These recommendations could be implemented without any Treaty change; they would respect the fiscal sovereignty of the Member States and would not seek to create a new supranational power of the Commission.
The report also highlights the need to reflect on how the EU Budget is spent; the EU Budget should be concentrated on areas with the highest European added value.
Professor Monti kindly accepted to address the European University Institute community on how the reform of the EU’s financing mechanisms can contribute to a wider reform of the EU to better respond to the present challenges with a transnational dimension.
The lecture was chaired by Professor Renaud Dehousse, President of the European University Institute


Location:
Theatre, Badia Fiesolana

Affiliation:
Robert Schuman Centre for Advanced Studies

Type:
Lecture

Speaker:
Mario Monti (Italian Senate of the Republic)

Contact:
RSC Conf Unit - Send a mail

Links:
Podcast
Download the report here
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