During the next two days Plenary (in Brussels and remotely), the European Parliament will vote on the EU Regulation on own resources, the financial resources given to the EU for its activities (programs, funds, grants, etc.). There are no longer corporate and CO2 trade taxes (ETS), given the difficulty of Member States to agree on rates. The only very new item is the European tax on non-recycled plastic packaging. However, other new tax levies will need to be found to finance all aid and loans from the Recovery and Resilience Fund.
The EP Parliament will vote also on the EU Regulation on general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation to help the recovery from the COVID-19 pandemic and on the Regulation on adapting EU rules to new threats of Cyber-surveillance and human rights violations.
in addition to the vote on new EU Regulations, the European Parliament will debate on EU budget for 2022, Tourism, Air quality, Marine litter and the situation in Kosovo, North Macedonia, Albania and Serbia.
However, the most important political debate concerns the preparation of this week’s European Council and the vote on the application of the new EU Regulation that imposes budgetary sanctions on countries that do not respect the rule of law. Three draft resolutions will be put to the vote: one presented by the major political groups and two different ones by the right-wing groups (ECR and ID), with Members from populist parties.
Groups like EPP, S&D, RENEW (Liberals), Greens and GUE (Left) support the legality of the sanctioning EU Regulation. ID and ECR groups ask the EU Court of Justice to declare it invalid. This is the point that led to the leave of Fidez, the party of Victor Orban, from the EPP.
For details on this next week Plenary and debates in streaming, click to enter: