Activities of Roberts ZĪLE related to 2018/0135(CNS)
Shadow reports (1)
REPORT on the draft Council decision on the system of Own Resources of the European Union
Amendments (3)
Amendment 35 #
Proposal for a decision
Recital 1 a (new)
Recital 1 a (new)
(1a) The Decision on the System of Own Resources, furthermore, provides the legal basis for the Commission to borrow funds on the capital markets in order to finance expenditure in the framework of the Next Generation EU Recovery Package. The related costs of the principal and interest of the repayments must be re-financed by the Union budget in a pre-defined timeframe depending on the maturities of the bonds issued and the debt repayment strategy. Such costs should not lead to an undue reduction in programme expenditure or investment instruments under the Multiannual Financial Framework, nor should they result in sharp increases in national contributions. Therefore, such costs should be covered by the income from new Own Resources.
Amendment 41 #
Proposal for a decision
Recital 1 b (new)
Recital 1 b (new)
(1b) The new categories of Own Resources should be introduced in sufficient time for their proceeds to be available when the interest and repayment obligations occur. The proceeds from those Own Resources should partly cover the costs of the principal and interest of the repayments and other related costs. In that regard, the European Parliament, in its MFF-Own Resources Interim Report of November 2018, has already endorsed a list of potential candidates for new own resources.
Amendment 72 #
Proposal for a decision
Recital 8
Recital 8
(8) The Union considers as a priority to achieve its emission reduction target of at least 40% between 1990 and 2030 as committed under the Paris Climate Agreement. The European Union Emissions Trading System is one of the main instruments put in place to implement this objective and generates revenue through the auctioning of emission allowances. Considering the harmonised nature of the European Union Emissions Trading System as well as the funding provided by the Union to foster mitigation and adaptation efforts in the Member States, it is appropriate to introduce a new Own Resource for the EU budget in this context. This Own Resource should be based on the allowances to be auctioned by Member States, including transitional free allocation to the power sector. In order to take account of the specific provisions for certain Member States provided for in Directive 2003/87/EC of the European Parliament and of the Council20 , allowances redistributed for the purposes of solidarity, growth and interconnections as well as allowances dedicated to the Innovation Fund and the Modernisation Fund should not be counted for determining the Own Resource contribution. Warns that expanding the scope of the ETS Directive to new sectors or geographical regions, if not done in a coordinated manner on a global scale risks damaging EU competitiveness. _________________ 20Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC (OJ L 275, 25.10.2003, p. 32). Or. en (NOTE: the text comes from COM(2018)0325)