The European Commission will propose on 22 December a ‘basket’ of three new EU own resources, the proceeds of which will help repay the €750 billion of financing for the EU’s Next Generation EU Economic Recovery Plan (see EUROPE B12854A1).
These new own resources are expected to generate a total of around €18 billion per year over the period 2023-2030.
Part of this amount - €8 billion a year, according to figures yet to be confirmed at Wednesday’s meeting of the college of...