“CENTRUM.CZ: EU BUDGET PROPOSAL NORMALISES JOINT DEBT, SAY EXPERTS

“CENTRUM.CZ: EU BUDGET PROPOSAL NORMALISES JOINT DEBT, SAY EXPERTS

In Centrum.cz, experts from the Centrum ekonomických a tržních analýz (CETA), as part of the Epicenter network, criticised the European Commission’s proposed €1.7 trillion Multiannual Financial Framework, warning that it normalises joint EU debt through instruments such as the National and Regional Partnership Plan. The article presents the network’s Alternative EU Budget proposal, which caps the budget at 1% of GNI (approximately €1.54tn), rejects new own resources including the CORE corporate levy, and calls for fiscal discipline, reduced bureaucracy, and a focus on genuine competitiveness and the Single Market.

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).