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EU budget: Körzell demands billions for a sustainable future!
DGB board member Körzell calls for more EU budget funds for a sustainable economy and criticizes the federal government.
EU budget: Körzell demands billions for a sustainable future!
Stefan Körzell, a leading member of the German Trade Union Confederation (DGB), recently commented on the EU Commission's proposal to increase the Union's multiannual financial framework (MFF). According to Körzell they are Investment requirements for a sustainable modernization of the economy clearly demonstrated, but there is a lack of political will to make these more important investments. The DGB board member particularly criticizes the German federal government's stance on this, which he finds to be incomprehensible.
Körzell calls for a strong budget policy with more financial clout at both the European and national levels. He is particularly concerned that the EU Commission planned to cut cohesion funds, which he sees as the wrong priority. However, a strong cohesion policy is crucial for the resilience and competitiveness of the EU internal market and directs necessary resources and support where they are needed most.
Importance of the EU budget
The EU budget, which represents a central instrument for addressing current challenges within the community, ensures loud europa.eu the democratic and peaceful development of the EU. The budget funds projects and priorities that many Member States would not be able to implement without this support.
In the period from 2021 to 2027, the current MFF is in force, which sets spending priorities and ceilings for several years. Every year a budget is negotiated that determines expenses and income. Around 2 trillion euros will be spent during this period, including the NextGenerationEU recovery fund, which provides 648 billion euros.
Budget resources and their use
According to Körzell, it is essential that regional perspectives are incorporated into decision-making processes in order to promote a fair and sustainable transformation. These aspects are not sufficiently taken into account in the current EU budget, which could worsen the already tense situation in many regions. The Commission manages more than half of the funds together with national governments, thus linking the individual countries closely to the EU budgetary mechanisms.
An overview of the main spending areas of the EU budget can be summarized as follows:
| Spending area |
|---|
| Internal market, innovation and digital |
| Cohesion, resilience and values |
| Natural resources and environment |
| Migration and border management |
| Security and Defense |
| neighborhood and the world |
| European public administration |
Funds from the 2021-2027 budget are also crucial to increase the EU's competitiveness, support climate goals and support Ukraine. Körzell appeals to political decision-makers to use the opportunities offered by the EU budget to overcome the social and economic challenges of the future. It now remains to be seen whether and how these requirements will be integrated into the upcoming budget negotiations.