🔍 EU budget proposal: right priorities, too little ambition

@zsoltdarvas.bsky.social scrutinises the European Commission's budget proposal, both in light of the subsequent debate it has ignited and with reference to Bruegel's own blueprint for an MFF revamp

🔗 buff.ly/ETkRHbk
#EconSky

💡 Catch up on the MFF Blueprint authored by @zsoltdarvas.bsky.social, @roeldom.bsky.social, Marie-Sophie Lappe, Pascal Saint-Amans and @steinbacharmin.bsky.social

📖 buff.ly/nif44vY

The #EU proposed CORE levy taxes turnover, not profit. It penalises low-margin firms. It’s regressive & risks tax cascading.

Together with @zsoltdarvas.bsky.social & Marie-Sophie Lappe, I argue it should be scrapped.

👉 www.bruegel.org/first-glance...

#EUBudget #Tax #MFF @bruegel.bsky.social

🫴 CORE concerns: why a turnover-based levy is wrong for the EU budget

⚠️ One revenue-raising proposal of the Commission's #MFF announcement could undermine the budget's other merits

🖊️ @zsoltdarvas.bsky.social, @roeldom.bsky.social and Marie-Sophie Lappe
🔗https://buff.ly/QTdQhTN
#EconSky

Come and join us for an insightful discussion on the next EU budget at the Bruegel Annual Meetings on 3 September at 15:30-16:30!

CEE countries have greatly benefited from the EU’s Single Market, despite ongoing fragmentation. The European Commission’s new Single Market Strategy contains several valuable initiatives, but dismantling the remaining barriers will depend more on the political will of Member States.

Our updated Russian foreign trade tracker (www.bruegel.org/dataset/russ...) shows a notable decline in Russia’s imports, particularly from China.

In an interview with portfolio.hu www.portfolio.hu/gazdasag/202... (in Hungarian), I argue that the United States is likely to suffer the most damage from the tariff war.

While reading insightful commentaries on the new U.S. tariffs, let me take a step back and question the rationale behind President Trump’s obsession with the U.S. trade deficit. A trade deficit and current account deficit means that domestic consumption and investment exceed domestic production.

Support for EU membership is rising in Norway and Iceland, because “non-integrated, neutral states do not function as buffer zones between spheres of influence. To aggressive great powers with imperial mindsets, they appear as easy prey, inviting predatory behaviour.”

euobserver.com/eu-and-the-w...

I'm thrilled to join BlueSky and look forward to engaging in insightful discussions!