Online-Seminar

MFF and Recovery Fund: How to find common ground for Europe’s economic restart

We kindly invite you to join our online event and to discuss these questions with Dr. Johannes Hahn, Commissioner for Budget and Administration, and Niclas Herbst, Member of the European Parliament, on 14 July at 11.00 – 12.00 h. The discussion will be chaired and commented live by Franziska Broich, Correspondent in Brussels for the German news agency KNA.

Details

MFF and Recovery Fund: How to find common ground for Europe’s economic restart
MFF and Recovery Fund: How to find common ground for Europe’s economic restart

The new and historical proposal of the Multiannual Financial Framework (MFF) together with the Recovery Fund will be discussed at the first physical summit since Corona in Brussels on 17 and 18 July. The package on the negotiating table aims to address the consequences of the economic slowdown caused by the Corona pandemic and therefore needs to be adopted quickly. However, there are already a number of critical voices and it seems to be a tremendous task to reconcile the many different positions of the Member States.

The overall size and the question of how high the share of non-repayable subsidies should be, is a matter of particular debate. While some, first and foremost the ‘frugal four’, are interested in a decreased scale of financial resources and rather see loans being handed out others, especially the net recipients, prefer a more grant-based distribution of the financial resources. It is also necessary to clarify the conditions to which these grants are linked, as well as the amortization period of 30 years and new own resources, such as a possible digital tax or a potential carbon border tax. The European Parliament in particular, which is playing an increasingly important role in the negotiations, would benefit greatly from the new own resources.

Given that the MFF becomes valid on the 1 January 2021, everyone is aware of the shortage of time the new German Council Presidency will have to deal with. Ideally common ground will be found before the summer break. Whether this can be achieved remains to be seen.

Information on registration and participation:

Please REGISTER by entering your name, e-mail address, organization and position. You will then receive a confirmation of your registration and further information about participation in the online event.

During the online event:

You will not be connected via video and muted by the host during the meeting. After the brief statements from the speakers, you are welcome to join the conversation: You can ask the speakers a written question (click the chat symbol in the toolbar).

 

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Veranstaltungsort

Europabüro Brüssel
11, Avenue de l’Yser,
B-1040 Brüssel
Belgien
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Anfahrt

Referenten

  • Dr. Johannes Hahn
    • Commissioner for Budget and Administration
    • European Commission
  • Niclas Herbst
    • Member of the European Parliament
    • Vice-Chair of the Committee on Budgets