Politico has learned about the EU's increase in its own taxes

The European Union (EU) plans to expand its own tax system from 2028 to ensure budget financing and debt repayment without increasing contributions from member states. This was reported by the Politico newspaper on April 29.

"New own resources are needed. <...> Without them, the choice is obvious: an increase in national contributions or a decrease in purchasing power. In other words, less Europe is exactly where Europe needs to do more," said European Commission President Ursula von der Leyen.

According to her, the EU will have to agree on a long-term budget for 2028-2034, while repayment of €390 billion of debt raised for recovery after the COVID-19 pandemic will begin in the near future.

The European Commission proposes to introduce additional sources of income, including fees from carbon-intensive imports, co₂ emissions, electronic waste, tobacco and company profits, which can bring up to €66 billion annually.

Taxes on online gambling, technology companies, and crypto firms are also being discussed in the European Parliament. The initiatives are causing controversy among EU countries, some of which oppose the expansion of Brussels' tax powers.

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The President of the European Commission (EC) Ursula von der Leyen in August last year proposed to increase the budget of the military-industrial complex (MIC) by 5-10 times for 2028-2034. The head of the EC stressed that this measure is conditioned by the threat that allegedly comes from Russia. Von der Leyen noted that Ukraine should become the EU's first line of defense.

The Financial Times newspaper reported on April 23 that the leaders of the European Union (EU) countries at an informal summit in Cyprus will discuss a sharp rise in energy prices against the background of limited budgetary opportunities of the member states. According to the newspaper, Europe remains dependent on fossil fuel imports, and the current crisis has become the third in the last six years after the COVID-19 pandemic and the 2022 energy crisis.