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MAP - Journée de l'écrivaine maghrébine : Une célébration de la créativité littéraire féminine
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NNA - WLC celebrates Lebanese women, calls them on to achieve more progress in shaping Lebanon’s future
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وجاء في التقرير: (مراجعة الصورة البيانية)
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CNA - Registration of motor vehicles in Cyprus drops significantly in first two months of 2021
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Lusa - Business News - EU/Presidency: Austria again rejects EU-Mercosul trade agreement
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Lusa - Business News - EU/Presidency: Portuguese parliament speeds up approval of EU own resources




Lisbon, Jan.20,2021(Lusa)-Parliament has today scheduled a debate and vote on the national ratification of the resolution allowing for an increase in the European Union's own resources, with joint debt issuance by the 27 Member States.

This was the result of Wednesday's meeting of the conference of parliamentary Leaders and took place after Prime Minister António Costa requested "urgency" from parliament in the decision to ratify this resolution.

On 13 November, the Portuguese government approved the resolution on the European Union's own resources in the cabinet.

This legislative step, which aims to enable the European Commission to issue debt under the recovery and resilience fund, was made public by Costa through a message published on his personal Twitter account.

In the same message, Costa also left an appeal for other European Union Member States to proceed rapidly to the same process of ratification by their national parliaments.

"As president of the Council of the European Union, I have also made the heads of state and government of the various Member States aware of the need to ensure speedy ratification of the Own Resources Decision, to ensure its conclusion by the end of the first quarter", the Portuguese prime minister said.

Costa then stressed that this "is a decisive step for the [European] Commission to be able to issue debt and begin to implement recovery and resilience plans.

On Friday, at a joint press conference with the president of the European Commission, Ursula von der Leyen, at the Centro Cultural de Belém, the prime minister said that economic recovery would be the first of the three main objectives of the Portuguese presidency of the Council of the European Union, with all the financial instruments already designed being operational by June.

"This Portuguese presidency comes at a very important moment in the fight against the Covid-19 pandemic, which is having serious economic and social consequences," Costa said, then praised the work done by the European institutions, especially the Commission, in responding to the economic, social and health crisis.

According to Costa, in the three fundamental areas of the Portuguese presidency of the Council of the European Union, "economic recovery is the main objective".

"We need to ensure that all the financial instruments conceived under the previous [German] presidency are put into operation as soon as possible. The European 'bazooka' [money from the European Recovery Fund] really has to be fired," he said.

In the short term, Costa stressed that each national parliament must urgently approve the increase in the European Commission's own resources so that the joint debt issue can take place, the European Parliament must approve the final regulation of the Recovery and Resilience Fund, and all member states must present their national recovery plans in Brussels.

"This is the first major ambition of the Portuguese presidency", he added.

PMF/ADB // ADB.

Lusa


Agency : LUSA

Date : 2021-01-21 10:34:00







 

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