The long-term budget after COVID-19:
The EU politicians’ guide to the galaxy
The EU politicians’ guide to the galaxy
The long-term budget has been stable over time, hovering around 1 percent of GNI. Its core may remain in that neighbourhood, but the galaxy of satellites around it seems much more expansive. With an emerging mix of grants and loans following the COVID-19 crisis, we may soon see a long-term budget in the vicinity of 2 percent, argues Daniel Tarschys, senior advisor at Sieps and a former Secretary General of the Council of Europe.
Daniel Tarschys May 2020