ETS – European Neighbourhood Monitor

An Endless Appetite for Taxes: Inside the EU Commission’s Policy Mindset

This summer, the European Commission unveiled five new proposed “own resources” to fund the EU’s next long-term budget — the Multiannual Financial Framework (MFF) covering 2028–2034. While two of these ideas, the “Corporate Resource for Europe” (CORE) and the “Tobacco Excise Duty Own Resource” (TEDOR), have drawn the loudest resistance from member states, the real […]

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“Developing economies hit hardest by EU’s carbon border tax”

In a new analysis, leading rating agency S&P Global warns that the EU’s external climate tariff CBAM, which stands for “Carbon Border Adjustment Mechanism” will hit developing economies the hardest. It explains: “Phasing in from 2026, CBAM will levy a carbon tax on imports of selected energy intensive materials and products into the EU, removing