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A digital levy proposed by the European Parliament to help fund the EU’s next long-term budget could raise up to €25bn a year, according to leading MEP Danuše Nerudová.
The new estimates put the yield of the Parliament’s proposed EU-level taxes far above what the European Commission originally calculated.
Talks are at a crunch point. EU countries are scrambling to agree the next Multiannual Financial Framework (MFF) by the end of the year, and new “own resources” flowing directly into EU coffers remain a key flashpoint.
“We need new own resources to cover the repayment of the joint debt and to fund new priorities...
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