From EUobserver · · 40s
MEPs Challenge EU Budget Deal
MEPs may fight over €141bn EU budget cuts despite new powers.
In brief
MEPs may fight over €141bn EU budget cuts despite new powers. MEPs have proposed new taxes to raise €30bn for EU budget but face debate over €141bn cuts to Commission spending. Originally reported by EUobserver.
MEPs Gain Budget Powers
MEPs finally gained co-decision powers on the EU budget after a decade of inter-institutional battles.
MEPs Propose New Taxes
MEPs proposed a digital services levy, online gambling levy, and crypto-asset capital gains tax to raise €30bn.
EU Budget Cuts Debate
MEPs face debate over €141bn cuts to EU Commission spending from Irish government’s compromise proposal.
The headline
MEPs have proposed new taxes to raise €30bn for EU budget but face debate over €141bn cuts to Commission spending.
