On a revamped long-term budget for the Union in a changing world

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AMENDMENTS

The Committee on Economic and Monetary Affairs presents to the Committee on Budgets, as the committee responsible, the following:

Amendment 1

Motion for a resolution

Paragraph 1

Motion for a resolution

Amendment

1. Underlines that the post-2027 long-term budget must be designed and resourced so as to enable the Union to deliver on its policy objectives, tackle the growing challenges it faces, manage and repay its debt sustainably, respond to shocks and crises and adjust to evolving spending needs;

1. Underlines that the post-2027 test long-term budget must be designed and resourced so as to enable the Union to deliver on its policy objectives, tackle the growing challenges it faces, manage and repay its debt sustainably, respond to shocks and crises and adjust to evolving spending needs; recalls that the current MFF and the Recovery and Resilience Facility (RRF) amount to almost EUR 2 trillion for the current period and that high inflation rates have decreased the impact of EU spending;

Or. en

Amendment 2

Motion for a resolution

Paragraph 4

Motion for a resolution

Amendment

4. Underlines that a simpler, more flexible MFF requires more robust parliamentary accountability;

4. Underlines that a simpler, more flexible MFF requires more robust parliamentary accountability; underlines the need for any future budget to fully respect Parliament’s role as budgetary authority and its co-decision rights, as defined in the Treaties, as regards the design, scrutiny, allocation and evaluation of the budget; notes in this respect that national parliaments should be empowered to fulfil their oversight role and exercise their rights in holding the executive accountable when making commitments with the European Union through national plans;

Or. en

Amendment 3

Motion for a resolution

Paragraph 10

Motion for a resolution

Amendment

10. Insists that, in the next MFF, more must be done to maximise the potential of the role of the European Investment Bank Group – together with other international and national financial institutions – in lending in strategic policy areas, such as climate and, latterly, dual-use defence projects;

10. Insists that, in the next MFF, more must be done to maximise the potential of the role of the European Investment Bank Group – together with other international and national financial institutions – in lending in strategic policy areas, such as climate and, latterly, dual-use defence projects; underlines the need to leverage private capital to cover the large investment gap, identified, for example, in the Draghi report, especially in the area of venture capital;

Or. en

Amendment 4

Motion for a resolution

Paragraph 50

Motion for a resolution

Amendment

50. Calls for the consolidation of a robust rule of law toolbox, building on the current conditionality provisions under the Recovery and Resilience Facility (RRF) and the horizontal enabling conditions in the Common Provisions Regulation; underlines the need for far greater transparency and consistency with regard to the application of tools to protect the rule of law and for Parliament’s role to be strengthened in the application and scrutiny of such measures; insists, furthermore, on the need for consistency across instruments when assessing breaches of the rule of law in Member States;

50. Calls for the consolidation of a robust and harmonised rule of law toolbox, building on the current conditionality provisions under the Recovery and Resilience Facility (RRF) and the horizontal enabling conditions in the Common Provisions Regulation, as well as the relevant provisions of the Financial Regulation; insists that the toolkit should cover the entire EU budget and ensure none of the instruments used allows backsliding; underlines the need for far greater transparency and consistency with regard to the application of tools to protect the rule of law and for Parliament’s role to be strengthened in the application and scrutiny of such measures; calls for the introduction of a no-fallback clause to ensure that reforms are not rolled back; insists, furthermore, on the need for consistency across instruments when assessing breaches of the rule of law in Member States;

Or. en

Amendment 5

Motion for a resolution

Paragraph 60

Motion for a resolution

Amendment

60. Stresses that the next MFF must be designed so as to simplify the lives of beneficiaries, harmonise rules wherever possible and cut unnecessary red tape and must be implemented as close to people as possible;

60. Stresses that the next MFF must be designed so as to simplify the lives of implementing partners and beneficiaries with the help of a single rule book for all EU programmes, harmonise rules and definitions wherever possible and cut unnecessary red tape and must be implemented as close to people as possible in order to increase the absorption rate; calls for the single rule book to function as a unified framework across multiple programmes for simplified implementation for partners such as the European Investment Bank (EIB), allowing them to focus on differing objectives rather than diverging definitions, without undermining project goals and relevant standards;

Or. en

Amendment 6

Motion for a resolution

Paragraph 61 a (new)

Motion for a resolution

Amendment

61 a. Underlines that simplification should be designed primarily to reduce complexity, delays in implementation and the reporting burden for final beneficiaries and implementers; regrets that innovation is hampered by the disproportional administrative burden and time lags for start-ups and SMEs; believes that the use of de minimis clauses and the stringent implementation of the once-only principle for reporting is necessary to further unlock the potential of European innovators; calls for an initiative to speed up administrative procedures for start-ups and SMEs;

Or. en

Amendment 7

Motion for a resolution

Paragraph 68 a (new)

Motion for a resolution

Amendment

68 a. Recalls that the RRF replaced the proposals on the Budgetary Instrument for Competitiveness and Convergence (BICC) and on the Reform Support Programme 2021 - 2027 (RSP), which partly aimed at establishing the euro area budget; calls for the future MFF to include sufficient fiscal stabilisation elements to allow it to channel investment based on evolving trends in indicators such as GDP and unemployment;

Or. en

Amendment 8

Motion for a resolution

Paragraph 75

Motion for a resolution

Amendment

75. Points out that any application of an RRF-style delivery model in the next MFF would have to correct the RRF’s fundamental flaws, by involving regional and local authorities from design to delivery through a place-based and multilevel governance approach, ensuring the cross-border dimension of investment projects, focusing on results and impact rather than outputs, guaranteeing full transparency in relation to final recipients of Union spending and safeguarding Parliament’s role as legislator, budgetary and discharge authority and in holding the executive to account;

75. Points out that any application of an RRF-style delivery model in the next MFF would have to correct the RRF’s fundamental flaws, by involving regional and local authorities from design to delivery through a place-based and multilevel governance approach, ensuring the cross-border dimension of investment projects, developing a clear methodology for milestones, targets and disbursements, focusing on results and impact rather than outputs, ensuring a single audit trail, guaranteeing a common definition and full transparency in relation to final recipients of Union spending and safeguarding Parliament’s role as legislator, budgetary and discharge authority and in holding the executive to account;

Or. en

Amendment 9

Motion for a resolution

Paragraph 82

Motion for a resolution

Amendment

82. Underlines that, as described above, the budgetary needs post-2027 will be significantly higher than the amounts allocated to the 2021-2027 MFF; insists, therefore, that the Union will only be able to tackle the significant challenges it faces and deliver on its policy objectives if the next MFF is endowed with the resources necessary to meet the increasing budgetary needs;

82. Underlines that, as described above, the budgetary needs post-2027 will be significantly higher than the amounts allocated to the 2021-2027 MFF; insists, therefore, that the Union will only be able to tackle the significant challenges it faces and deliver on its policy objectives if the next MFF is endowed with the resources necessary to meet the increasing budgetary needs; underlines the specific regional economic, social and security challenges, which need to be reflected in the future MFF; underlines the need to ensure upward socio-economic convergence within the EU;

Or. en

Amendment 10

Motion for a resolution

Paragraph 85

Motion for a resolution

Amendment

85. Recalls its support for the amended Commission proposal on the system of own resources; calls on the Council to adopt this proposal as a matter of urgency; points, furthermore, to the need to explore additional innovative and genuine new own resources, in order to cover the higher spending needs;

85. Recalls its support for the amended Commission proposal on the system of own resources; is highly concerned by the complete absence of progress on the reform of the system of own resources in the Council in particular, in view of the increasing needs and budgetary demands; considers that the introduction of genuinely new revenue sources is indispensable to cover the additional budgetary burden arising from NextGenerationEU borrowing as well as the new political priorities;

Or. en

Amendment 11

Motion for a resolution

Paragraph 85 a (new)

Motion for a resolution

Amendment

85 a. Urges, therefore, the Commission to maximise pressure on the Member States to find a swift agreement on the new own resources package and calls on the Council to adopt this proposal as a matter of urgency without further delay; urges, furthermore, the Commission to continue its efforts to identify fresh and preferably genuinely new own resources and other revenue sources for the EU budget beyond the IIA;

Or. en

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