The European Parliament’s Committee on Budgets (BUDG) adopted on Wednesday 26 April, by 26 votes to two with five abstentions, a resolution on the impact of the increase in borrowing costs of the EU’s recovery instrument (EURI) on the EU budget for 2024, led by rapporteur Johan Van Overtveldt (ECR, Belgian).
To cover the borrowing costs related to the EURI over 7 years, the Multiannual Financial Framework (MFF) 2021-2027 programmed €12.9 billion in 2018 prices. At current prices,...