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Europe Daily Bulletin No. 13179

11 May 2023
Contents Publication in full By article 16 / 31
EUROPEAN PARLIAMENT PLENARY / Budget
European Parliament warns of impact on EU policies of increased borrowing costs of European Recovery Plan
Brussels, 10/05/2023 (Agence Europe)

MEPs approved the draft report by Johan Van Overtveldt (ECR, Belgian) on the impact on the EU 2024 budget of the increased borrowing costs of the European Union Recovery Instrument (EURI) on Wednesday 10 May by a large majority (434 votes in favour, 99 against and 89 abstentions).

Assuming a gradual increase in borrowing interest rates from 0.55% in 2021 to 1.15% in 2027 (for the Multiannual Financial Framework (MFF) 2021-2027), €15 billion per year would be needed to cover the...

Contents

SECTORAL POLICIES
EUROPEAN PARLIAMENT PLENARY
COURT OF JUSTICE OF THE EU
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
SECURITY - DEFENCE - SPACE
SOCIAL AFFAIRS - EMPLOYMENT
NEWS BRIEFS