New ‘own resources’ for EU budget will come from carbon market, executive says

EU countries need to agree to the new own resources or face paying back the COVID recovery fund themselves, said Johannes Hahn, Commissioner for Budget and Administration

The European Commission on Wednesday (22 December) announced its intention to use revenues from the EU carbon market and upcoming…

Full text: https://www.euractiv.com/section/energy-environment/news/new-own-resources-for-eu-budget-will-come-from-carbon-market-executive-says/

Author

Kira Taylor, Frédéric Simon

Source

EURACTIV, 2021-12-23.

Supplier

European Commission
European Parliament
European Union
World Trade Organization (WTO)

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