Reflection paper on EU finances sent to Mr Juncker, President of the EC

“Dear President Juncker,

Europe faces multiple challenges, which need to be responded to by means of EU policies and financial rules alike. Unemployment, social inequalities and migration (perceived to be the top three challenges for the EU by its citizens), growing euroscepticism and the erosion of European values, the ecological and climate crises, which undermine human well-being, the challenges of the euro area and the revenue loss caused by Brexit all need to be tackled in an ambitious reform of the European project supported by a transformed EU budget (Multiannual Financial Framework).

Even though the EU budget has changed a lot in the last decades, it still requires ambitious reform to enable it to be a positive driver of change, meet the expectations of the people for an ambitious future for Europe, and accordingly support the implementation of the Sustainable Development Goals.” […]