It is more than time to implement genuine own resources for the EU budget.

Without prejudice to other revenue, the budget shall be financed wholly from own resources’; stresses, therefore, that the legal requirement to provide the EU budget with genuine own resources derives directly from the Treaty;

The minister will also underscore the need to reform the revenue side of the budget, with genuine own resources and the elimination of rebates.

The minister will also underscore the need to reform the revenue side of the budget, with genuine own resources and the elimination of rebates.

In the immediate term the sum of rebates and reductions must stop rising, but in future genuine own resources will be essential, otherwise the European enterprise itself will be called into question.