17 January: High Level Group on Own Resources publishes final report

January 17, 2017

The High Level Group on Own Resources, led by former Commissioner and Italian Prime Minister Mario Monti, and established in February 2014 to reflect on finding more transparent, simple, fair and democratically accountable ways to finance the EU, published its final report with suggestions on the future financing of the EU.

Among the many recommendations is to allow for a certain degree of differentiation for the further development of the euro area, suggesting several guiding principles for the establishment of a possible euro area budget.

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