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MEP José Manuel Fernandes (l), MEP Valerie Hayer, and MEP Johan Van Overtveldt (r), key lawmakers of the EU budget talks (Photo: European Parliament)

MEPs call for new budget money, worry about recovery borrowing

MEPs are "deeply worried" that the new revenue proposed by the EU Commission will not be enough to cover the borrowing costs of the €800bn Covid-19 recovery fund.

In parallel resolutions, European lawmakers on Wednesday (10 May) called for new revenue sources to be agreed upon, warning — in a separate document — that with r...

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

MEP José Manuel Fernandes (l), MEP Valerie Hayer, and MEP Johan Van Overtveldt (r), key lawmakers of the EU budget talks (Photo: European Parliament)

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

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