Poland proposed introducing new revenue streams for the European Union, including a digital tax or an entry fee for accessing the bloc, to finance core investments and address the EU’s budgetary constraints, Euractiv reported.
Development Funds and Regional Policy Minister Katarzyna Pełczyńska-Nałęcz outlined the plan on Thursday, calling for a “comprehensive investment policy” to support future projects.
The US and the UK impose such fees, so why not consider an entry fee for the EU? This could generate additional common funds.
Pełczyńska-Nałęcz also suggested the creation of a new common investment fund similar to the Next Generation EU recovery plan but with updated priorities and rules. She stressed the need for innovative solutions given the bloc’s tight financial situation.
Piotr Serafin, the Polish Commissioner overseeing EU budget discussions, is leading efforts to explore proposed potential funding mechanisms. Sources within the European Commission have indicated that the EU’s budget is under strain, necessitating either new revenue sources or increased contributions from member states.
The proposal comes as the EU seeks to address growing financial demands, including funding for green transitions, digital transformation, and regional development. Poland’s push for fresh funding mechanisms highlights the urgency of finding sustainable solutions to support the bloc’s long-term goals.
