FILE PHOTO: Special session of EU Parliament on coronavirus disease (COVID-19) in BrusselsMore
By Jan Strupczewski
BRUSSELS (Reuters) – After a row over joint borrowing to respond to the new coronavirus pandemic, the European Union looks set to clash over whether governments should assign new tax revenues to the EU to help finance a recovery from the pandemic-induced recession.
Like the tussle over joint debt, the idea of the EU getting some or all of the revenues from any new taxes levied by its 27 governments goes to the heart of the debate over how much national sovereignty should be ceded to the bloc.
The European Commission is likely to ask this month for new sources of direct income, called “own resources”, to be included in its