Joint Letter to the European Council Regarding Innovative Ways to Raise EU Own Resources

CONCORD is among the 17 organisations calling European Heads of State to adopt new ways of raising EU own resources, adressing the invesment gap and the commitment to global partners.

We highlight Mario Draghi’s proposal for an additional €800 billion in annual investment and we urge the EU to go beyond the Commission’s proposals, considering new taxation options on extreme wealth, fossil fuel profits and aviation.

These further measures would ensure that the economic transition is fairly funded, while reducing tax avoidance and reinforcing EU long-term financial stability.