Question 94 of 103 in In the News 2021
Started Aug 28, 2020 05:00PM UTC   •   Closing Apr 01, 2021 07:01AM UTC

When will the EU amend its Own Resources Decision to help finance the EU's proposed COVID-19 recovery package?

As part of the COVID-19 recovery plan called the "Next Generation EU" (NGEU), an amendment of the Own Resources Decision has been proposed (European Council, European Parliament, European Commission). An amendment of the Own Resources Decision requires approval by all Member States in accordance with their constitutional requirements (Ernst & Young, European Commission). The question would resolve upon the last Member State approving the amendment. When the amended Own Resources Decision would take effect is immaterial.

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Name Probability
Before 1 October 2020 0%
Between 1 October 2020 and 31 December 2020 0%
Between 1 January 2021 and 31 March 2021 99%
Not before 1 April 2021 1%

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