“The EU must act quickly to establish new sources of revenue (...), to repay the NextGenerationEUloans, but also to ensure that the Union has sufficient funds for the future”. This statement by European Parliament’s rapporteur on own resources, Danuše Nerudová (EPP, Czech), made on Thursday 9 October, two days before the Economic and Financial Affairs Council, sounds like wishful thinking. In her view, “Europe’s ability to stand on its own two feet is at stake“.
From the EU...