### b. whereas the eu labour market has proved particularly resilient , with an additional two million people in employment , leading to a record low unemployment rate of 6.2 % in 2022; whereas according to the commission’s autumn economic forecast the public sector was a key contributor to the increase in employment; whereas despite labour market tightness wage growth has remained moderate; whereas the unemployment rate is expected to increase slightly in 2023 (6.5 %) , before marginally coming down again in 2024 (6.2 %); ### b. whereas the eu labour market has proved particularly resilient , with an additional two million people in employment , leading to a record low unemployment rate of 6.2 % in 2022; whereas according to the commission’s autumn economic forecast the public sector was a key contributor to the increase in employment; whereas the unemployment rate is expected to increase slightly in 2023 (6.5 %) , before marginally coming down again in 2024 (6.2 %);


### c. whereas according to the annual sustainable growth survey , inflation should peak at 10.7 % in 2022 and then gradually decrease to 7.0 % in 2023 and 3 % in 2024; whereas wage growth is expected to only partially mitigate losses in real incomes , without triggering a persistent feedback loop between wages and inflation; ### c. whereas according to the annual sustainable growth survey , inflation should peak at 10.7 % in 2022 and then gradually decrease to 7.0 % in 2023 and 3 % in 2024; whereas wage growth , which has remained moderate , is expected to only partially mitigate losses in real incomes; whereas the international labour organization pointed that , on an aggregated level , real wages in the eu reduced 2 ,4% in the first half of 2022 and stressed the space of manoeuvre to increase nominal wages;


### d. whereas according to the commission’s autumn forecast , the debt-to-gdp ratio is expected to fall to 86 % in the eu at the end of 2022 (94 % in the euro area) from the historically high level of 91.5 % recorded in 2020 (99 % in the euro area); whereas the debt-to-gdp ratio is expected to decline marginally in the eu to around 85 % in 2023 and 84 % in 2024 (92 % and 91 % in the euro area); ### d. whereas according to the commission’s autumn forecast , the debt-to-gdp ratio is expected to fall to 86 % in the eu at the end of 2022 (94 % in the euro area) from the historically high level of 91.5 % recorded in 2020 (99 % in the euro area); whereas the debt-to-gdp ratio is expected to decline marginally in the eu to around 85 % in 2023 and 84 % in 2024 (92 % and 91 % in the euro area); whereas there is no academic consensus on the causality between low debt levels and economic growth;


### 5. recalls the close link between the european semester and the implementation of the rrf , whereby the national recovery and resilience plans (nrrps) are expected to contribute effectively to addressing all or a significant subset of the challenges identified in the relevant country-specific recommendations addressed to each member state in the context of the european semester; ### 5. notes the close link between the european semester and the implementation of the rrf , whereby the national recovery and resilience plans (nrrps) are expected to contribute effectively to addressing all or a significant subset of the challenges identified in the relevant country-specific recommendations addressed to each member state in the context of the european semester;


### 6. highlights the key role being played by the nrrps in driving the member states’ reform and investment agendas; recalls the importance of reforms in bolstering recovery and future productivity growth and as enablers of investment; stresses the crucial role of investments in boosting growth; ### 6. highlights the key role being played by the nrrps in driving the member states’ reform and investment agendas; stresses the crucial role of strategic and public investments in boosting growth; regrets the imposition of reforms to member states , namely cuts in public spending for strategic economic and social sectors;


### 8. highlights the essential role played by the rrf in equipping the union with the tools needed to successfully face the global challenges stemming from the green transition and the digital transformation of the economy , along with the implementation of the european pillar of social rights; ### 8. notes the essential role played by the rrf in equipping the union with the tools needed to successfully face the global challenges stemming from the green transition and the digital transformation of the economy , along with the implementation of the european pillar of social rights;


### 9. welcomes the publication of the commission’s communication on orientations for a reform of the eu economic governance framework; expresses concern about its delay; stresses the need to adopt legislative proposals before time runs out and the general escape clause is removed and the current legislature comes to an end; ### 9. takes note of the publication of the commission’s communication on orientations for a reform of the eu economic governance framework; regrests that the proposal , despite the long public debate , does not resolve the issues identified;


### 10. agrees with the commission’s orientations as regard the simplification of the framework , differences in member states’ debt reduction paths , the use of a comprehensive debt sustainability analysis and the general escape clauses; ### 10. agrees with the commission’s orientations as regard the simplification of the framework , deletion of the mandatory reduction of the excessive public debt over the 60% limit in the course of 20 years , differences in types of public spending and the general escape clauses;


### 11. notes the aim to stimulate investment and reforms by allowing member states to have different debt reduction paths , provided that these enhance growth , improve debt sustainability and are in line with the eu’s objectives , in particular those of the green and digital transition and social resilience; ### 11. notes the aim to stimulate investment and reforms by allowing member states to have different debt reduction paths , provided that these enhance growth , improve debt sustainability and are in line with the eu’s objectives , in particular those of the green and digital transition and social resilience; however , strongly regrets the absence of preferential treatment for future-oriented public spending , such as green investment , from debt and deficit limits; moreover , is concerned with the fact that the do no significant harm principle is not mentioned in the assessment criteria for the multiannual plans; reiterates the importance of this principle in promoting the eu objectives of long term sustainability and resilience of the eu economy and society;


### 2. welcomes the financial assistance provided to ukraine; ### 2. welcomes the financial assistance provided to ukraine; stresses the enormous social and economic consequences deriving from the covid-19 crisis followed by the invasion of ukraine and their impact on fair , inclusive and sustainable growth , investment , resilience , employment , education and socio-economic inequalities;


### 3. awaits the review of the climate bank roadmap ahead of cop28; expects full alignment with the 1.5 degree pathway , including the exclusion of blue hydrogen infrastructure and road and highway financing , and the requirement to conduct a solid assessment of less carbon-intensive alternatives and ‘scope 3’ emissions; ### 3. awaits the review of the climate bank roadmap ahead of cop28; expects full alignment with the 1.5 degree pathway , including the exclusion of blue hydrogen infrastructure and road and highway financing , and the requirement to conduct a solid assessment of less carbon-intensive alternatives and ‘scope 3’ emissions; calls on the eib to implement the principle of energy efficiency and set the objective of tackling energy poverty in all its energy lending;


### 6. calls on eib global to devise a strategy centred on development additionality; ### 6. calls on eib global to devise a strategy centred on development additionality; stresses the importance of avoiding further geographical imbalances in the eib’s lending activity so as to ensure a broader geographical and sectoral allocation of investments , reduce regional disparities and enhance economic and social convergence; calls on the eib to address systemic shortcomings that prevent certain regions or countries from taking full advantage of its financial activities;


### 7. is concerned that the eib has , at least once , failed to conduct a full inquiry into allegations of bribery and misuse of funds involving a financial intermediary outside the eu; calls on the eib to reopen all such cases; ### 7. is concerned that the eib has , at least once , failed to conduct a full inquiry into allegations of bribery and misuse of funds involving a financial intermediary outside the eu; calls on the eib to reopen all such cases; calls on the eib to commit to strengthen its policy against tax fraud , tax evasion and tax avoidance , including by refraining from funding beneficiaries or financial intermediaries and from cooperating with financial partners with a proven negative track record; calls on the eib to enforce prevention measures and regular tax assessments against non-cooperative tax jurisdictions , tax and fiscal fraud and tax evasion , as well as illegal and aggressive tax avoidance;


### 8. takes note of the information note on the eib’s human rights approach2; calls for clear and binding rules , in particular on human resources due diligence assessment and on disengagement; ### 8. takes note of the information note on the eib’s human rights approach2; calls for clear and binding rules , in particular on human resources due diligence assessment and on disengagement; calls on the eib to strengthen its human rights policy and to increase the human rights dimension in its project planning , including by providing a human rights strategy as well as hr assessment and evaluation of its programmes , also on the ground , to ensure that local communities are consulted and that the right to free prior and informed consent (fpic) is implemented in a systematic manner; calls , furthermore , on the eib to develop specific policies on human rights defenders and protocols to respond to risks of reprisals;


### b. whereas the second basket of new own resources could include a financial transaction tax and a financial contribution linked to the corporate sector or a new common corporate tax base; ### b. whereas the second basket of new own resources should include a financial transaction tax and a financial contribution linked to the corporate sector or a new common corporate tax base;


### 1. declares that eu finances are going through a critical period where a lack of reform would have highly detrimental effects on the future of eu policies and the trust of europeans and investors in the union; ### 1. declares that eu finances are going through a critical period where a lack of reform would have highly detrimental effects on the future of eu policies and objectives and the trust of europeans and investors in the union;


### 1. notes that , according to the roadmap in the interinstitutional agreement of december 2020 , the commission needs to put forward a proposal for the second basket of new own resources by june 2024; ### 1. notes that , according to the legally binding roadmap in the interinstitutional agreement of december 2020 , the commission is required to put forward a proposal for the second basket of new own resources by june 2024; recalls its position that the commission present such a proposal by the end of 2023; notes the relevant commitment by the commission and expects this commitment to be duly fulfilled;


### 2. stresses the crucial and growing importance of the eu budget in delivering on virtually all of the eu’s key policy objectives , its flagship programmes and its crisis intervention; underlines the multiple challenges the eu is facing such as building up its strategic autonomy , ending its reliance upon russian fossil fuels , completing the health union and the energy union and financing important common projects such as defence , civil protection and space; considers that all new eu policies and challenges must involve new means and extra resources; reiterates , in this regard , that robust , reliable and resilient financing of the eu budget requires a diversified and enlarged set of own resources; is convinced that there is huge potential in a well-designed reform of the eu own resources not only for strengthening the financing of its budgetary needs , but also for boosting its policy outputs , improving the fiscal equilibrium between the eu and member states and adding value to overall public finance; ### 2. stresses the crucial and growing importance of the eu budget in delivering on virtually all of the eu’s key policy objectives , its flagship programmes and its crisis intervention; underlines the multiple challenges the eu is facing such as building up its strategic autonomy , promoting the green and digital transitions leaving no one behind , ending its reliance upon russian fossil fuels , completing the health union and the energy union , implementing the european pillar of social rights and financing important common projects; considers that all new eu policies and challenges must involve new means and extra resources; reiterates , in this regard , that robust , reliable and resilient financing of the eu budget requires a diversified and enlarged set of own resources; is convinced that there is huge potential in a well-designed reform of the eu own resources not only for strengthening the financing of its budgetary needs , but also for boosting its policy outputs , improving the fiscal equilibrium between the eu and member states and adding value to overall public finance;


### 2. notes that none of the new own resources from the first basket are yet in place; ### 2. regrets that none of the new own resources from the first basket are yet in place; recalls that the commission should have presented its proposal by june 2021 and that the council should have deliberated on these new own resources by 1 july 2022 at the latest in view of their introduction by 1 january 2023; stresses the need to move more swiftly and decisively and urges the council to approve the first basket of own resources without further delay;


### 3. recalls that the union is obliged to repay the principal and interest of the funds borrowed under the eu recovery plan; recalls , in this regard , that the eu institutions adopted a ‘repayment plan’ in the form of a legally binding interinstitutional agreement establishing a roadmap for the introduction of new own resources to cover the borrowing costs; recalls , in this context , that the triple-aaa rating of the eu as a quasi-sovereign borrower depends , inter alia , on the reliability of the institutions’ following up on their political commitment to introduce new own resources; ### 3. recalls that the union is obliged to repay the principal and interest of the funds borrowed under the eu recovery plan; recalls , in this regard , that the eu institutions adopted a ‘repayment plan’ in the form of a legally binding interinstitutional agreement establishing a roadmap for the introduction of new own resources to cover in full the borrowing costs; recalls , in this context , that the triple-aaa rating of the eu as a quasi-sovereign borrower depends , inter alia , on the reliability of the institutions’ following up on their political commitment to introduce new own resources;


### 3. is concerned that the first basket of own resources will not generate the revenues expected for several reasons; observes further that beyond the funding needed for nextgenerationeu , the union may need additional resources to assist ukraine financially and to further mitigate the impact of russia’s war against ukraine on the union; ### 3. is concerned that the first basket of own resources will not generate the revenues expected for several reasons; observes further that beyond the funding needed for nextgenerationeu , the union is also in urgent need of additional resources to assist ukraine financially and to further mitigate the social and economic impact of russia’s war against ukraine on the union , its member states and its people;


### 5. calls on the commission to consider , for its second basket of own resources , an eu-wide financial transaction tax based on its 2011 model , which should yield around eur 41.5 billion per year; ### 5. calls on the commission to include , in its second basket of own resources , an eu-wide financial transaction tax based on its 2011 model , which should yield around eur 41.5 billion per year;


### 7. considers that these new own resources are necessary to avoid the next generation of europeans paying the price for the repayment of the principal and the interest of the funds borrowed under ngeu , either through an increased burden on taxpayers or via cuts in regular eu programmes directly affecting beneficiaries and project-holders; notes the legitimate demand by europeans for more social and tax justice; warns against any attempt to reduce funding for ordinary eu policies to make space for the repayment of eu debt , as this would endanger long-term eu goals , such as economic convergence , research and innovation or the green transition; ### 7. considers that these new own resources are necessary to avoid the next generation of europeans paying the price for the repayment of the principal and the interest of the funds borrowed under ngeu , either through an increased burden on taxpayers or via cuts in regular eu programmes directly affecting beneficiaries and project-holders; notes the legitimate demand by europeans for more social and tax justice; warns against any attempt to reduce funding for ordinary eu policies to make space for the repayment of eu debt , as this would endanger long-term eu goals , such as economic , social and territorial convergence , gender equality , research and innovation or the green and digital transitions;


### 7. invites the commission and the member states to consider additional new own resources , such as an eu-wide aviation tax for intra-european commercial flights or an own resource based on the revision of the energy taxation directive2 ; ### 7. invites the commission and the member states , in view of the recent economic challenges , to think beyond the interinstitutional agreement and to consider additional new , genuine and innovative own resources , such as a wealth tax , an eu-wide aviation tax for intra-european commercial flights or an own resource based on the revision of the energy taxation directive2 ;


### 8. regrets that the current way in which the eu budget is financed subjects it to national budgetary constraints , thus leading to undue downward pressure on its – already modest – overall volume and a ‘juste retour’ logic that does not reflect the solidarity principle at the core of eu integration; believes that this structure is one of the main reasons preventing the eu from fulfilling all its tasks effectively; is very concerned by the slow progress in the modernisation of the own resources system since the creation of the european communities; ### 8. regrets that the current way in which the eu budget is financed subjects it to national budgetary constraints , thus leading to undue downward pressure on its – already modest – overall volume and a ‘juste retour’ logic that does not reflect the solidarity principle at the core of eu integration; believes that this structure is one of the main reasons preventing the eu from fulfilling all its tasks and commitments effectively; is very concerned by the slow progress in the modernisation of the own resources system since the creation of the european communities;


### 9. calls on the member states in the council to adopt , as soon as possible , the new own resources from the first package of 14 december 2021; worries , however , that the amounts generated by the new own resources will not be sufficient to cover all ngeu repayments and borrowing costs; calls , therefore , on the commission to come forward with the next batch of proposals in the third quarter of 2023 at the latest; insists that these proposals take into account the priorities of the european parliament as outlined in here; ### 9. regrets that the council has yet to approve the first basket of new own resources; calls on the member states in the council to swiftly adopt the new own resources from the first package of 14 december 2021; worries , however , that the amounts generated by the new own resources will not be sufficient to cover all ngeu repayments and borrowing costs; calls , therefore , on the commission to come forward with the next batch of proposals in the third quarter of 2023 at the latest; insists that these proposals take into account the priorities of the european parliament as outlined in here;


### 11. believes that the eu revenue side should be used strategically to create incentives for more social and tax justice; underlines that green own resources should be complemented by tax-based own resources from the corporate sector for reasons of sufficiency , fiscal equivalence (those who benefit from the eu and its open markets should also contribute their fair share to its financing) and overall distributional fairness among member states and sectors; ### 11. believes that the eu revenue side should be used strategically to promote social and tax justice; underlines that green own resources should be complemented by tax-based own resources from the corporate sector for reasons of sufficiency , fiscal equivalence (those who benefit from the eu and its open markets should also contribute their fair share to its financing) and overall distributional fairness among member states and sectors;


### financial services ### financial transaction tax (ftt)


### 13. acknowledges with regret that any prospects for the introduction of a financial transaction tax under enhanced cooperation have faded away in the course of recent years; insists , nevertheless , that the financial sector be encompassed by the corporate or single market-based own resource initiative , ideally within the befit context; ### 13. regrets the lack of progress for the introduction of a financial transaction tax under enhanced cooperation; insists that a financial transaction tax should be part of the eu’s own resources system;


### 32. recognises the merits of the gni-based own resource in view of its reliable balancing function; notes the enduring predominance of the share of national contributions in the own resources system , now amounting to approximately 80 %; points out the modest share of traditional and genuine own resources , especially customs duties , which stands at around 13 % today; ### 32. recognises the merits of the gni-based own resource in view of its reliable balancing function but stresses that the over-dependence of the eu budget on gni-based contributions is outdated; notes the enduring predominance of the share of national contributions in the own resources system , now amounting to approximately 80 %; points out the modest share of traditional and genuine own resources , especially customs duties , which stands at around 13 % today;


### 34. recalls its consultative powers regarding the own resources decision; is convinced that a more pronounced role of the european parliament as the legislative and budgetary authority in the underlying legislation , as well as in the annual procedure concerning the revenue side and debt levels , could enhance the visibility , legitimacy and accountability of eu public finance; ### 34. recalls that following the conclusions of the conference on the future of europe , the parliament has already submitted to the council proposals for the amendment of the treaties under the ordinary revision procedure laid down in article 48 teu , including in order to provide the parliament with full co-decision rights on the eu budget; is convinced that the promotion of the community method and a more pronounced role of the european parliament as the legislative and budgetary authority in the underlying legislation , as well as in the annual procedure concerning the revenue side and debt levels , would enhance the visibility , legitimacy and accountability of eu public finance; calls for the decision laying down the provisions relating to the system of own resources of the union and the implementing measures for that system to be adopted by the european parliament and the council acting in accordance with the ordinary legislative procedure;


### 4. concludes that the second basket of own resources therefore needs to be ambitious and yield sufficient revenues commensurate with the union’s needs; ### 4. concludes that the second basket of own resources therefore needs to be ambitious and yield sufficient revenues commensurate with and adequate for the union’s increasing needs;


### 2. member states shall consider taking measures allowing confiscated property to be used for public interest or social purposes. ### 2. member states shall take the necessary measures to ensure that confiscated property is used for public interest or social purposes as a general rule.


### (8) the rules should facilitate cross-border cooperation by providing the competent authorities with the necessary powers and resources to respond in a swift and effective way to requests from authorities in other member states. provisions laying down rules on early tracing and identification , urgent action to freeze , or efficient management contribute to improving the possibilities for asset recovery across borders. given the global nature of in particular organised crime , cooperation with third countries should also be strengthened. ### (8) the rules should facilitate cross-border cooperation by providing the competent authorities with the necessary powers and resources to respond in a swift and effective way to requests from authorities in other member states. provisions laying down rules on early tracing and identification , urgent action to freeze , or efficient management contribute to improving the possibilities for asset recovery across borders. given the global nature of in particular organised crime , cooperation with third countries should also be strengthened , as long as adequate fundamental rights safeguards are put in place.


### (9) due to the poly-criminal nature of and the systemic and profit-oriented cooperation of criminal organisations involved in a wide range of illicit activities in different markets , an effective fight against organised crime requires that freezing and confiscation measures are available to cover the profits from all offences where organised crime groups are active in. these crimes include the areas of crime listed in article 83(1) , including the illicit trafficking in weapons , munitions and explosives as defined in the protocol against the illicit manufacturing of and trafficking in firearms , their parts and components and ammunition , supplementing the united nations convention against transnational organized crime , to which the union is party. in addition to the crimes listed in article 83(1) , the scope of the directive should also cover all crimes that are harmonised at eu level , including frauds against the financial interests of the european union in light of the increasing involvement of organised criminal groups in such crime area. the scope of the directive should further include environmental crimes , which are a core business for organised criminal groups and are often connected to money laundering or concern waste and residues produced in the context of drug production and trafficking. the facilitation of unauthorized entry and residence constitute a core business for organised criminal groups and is typically connected to the trafficking in human beings. ### (9) due to the poly-criminal nature of and the systemic and profit-oriented cooperation of criminal organisations involved in a wide range of illicit activities in different markets , an effective fight against organised crime requires that freezing and confiscation measures are available to cover the profits from all offences where organised crime groups are active in. these crimes include the areas of crime listed in article 83(1) , including the illicit trafficking in weapons , munitions and explosives as defined in the protocol against the illicit manufacturing of and trafficking in firearms , their parts and components and ammunition , supplementing the united nations convention against transnational organized crime , to which the union is party. in addition to the crimes listed in article 83(1) , the scope of the directive should also cover all crimes that are harmonised at eu level , including frauds against the financial interests of the european union in light of the increasing involvement of organised criminal groups in such crime area. the scope of the directive should further include environmental crimes , which are a core business for organised criminal groups and are often connected to money laundering or concern waste and residues produced in the context of drug production and trafficking.


### (10) other crimes committed within the framework of a criminal organisation play a pivotal role in generating revenues and in enabling further crimes , including serious crimes with a cross-border nature. such crimes should be included in the scope of the directive to the extent to which they are committed within the framework of a criminal organisation. the counterfeiting and piracy of products is linked to money laundering and the forgery of documents , and threatens the functioning of the single market and fair competition. the illicit trafficking in cultural goods , including antiques and works of art , is often intertwined with money laundering and constitutes an important source of financing for organised criminal groups. forgery of administrative documents and trafficking therein , including bank documents or identification documents , is a key enabling tool for money laundering , trafficking in human beings , or migrant smuggling , and should as such be covered in the scope of this directive. other crimes which are often carried out within the framework of an organised crime group include murder or grievous bodily harm , as well as the illicit trade in human organs and tissue , which are a source of revenue for organised crime groups in the context of contract killings , intimidation and trafficking in human beings. similarly kidnapping , illegal restraint or hostage taking , as well as racketeering and extortion , are utilized either as source of revenue through the collection of ransom money or as intimidation tactics against adversaries. the crime of organised or armed robbery is one of the most common forms to generate profits for organised criminal groups , and it is often committed in conjunction with other crimes , in particular the trafficking in firearms. similarly , the trafficking in stolen vehicles cannot only generate profits but also represents an enabling crime to provide for the necessary instrumentalities to carry out further offences. in addition , it is key to include tax crimes to the extent it is committed as part of a criminal organisation in the scope of the directive , as this specific crime is an enabling source of profits , especially when operating in a cross-border context. typical techniques employed to commit tax fraud or evasion consist of making use of cross-border corporate structures or similar arrangements to fraudulently obtain tax benefits and refunds , hide assets or profits , merge legal with illicit profits and assets or to transfer them to other entities abroad to disguise their origins or (beneficial) ownership. ### (10) other crimes committed within the framework of a criminal organisation play a pivotal role in generating revenues and in enabling further crimes , including serious crimes with a cross-border nature. such crimes should be included in the scope of the directive to the extent to which they are committed within the framework of a criminal organisation. the counterfeiting and piracy of products is linked to money laundering and the forgery of documents , and threatens the functioning of the single market and fair competition. the illicit trafficking in cultural goods , including antiques and works of art , is often intertwined with money laundering and constitutes an important source of financing for organised criminal groups. forgery of administrative documents and trafficking therein , including bank documents or identification documents , is a key enabling tool for money laundering , trafficking in human beings , and should as such be covered in the scope of this directive. other crimes which are often carried out within the framework of an organised crime group include murder or grievous bodily harm , as well as the illicit trade in human organs and tissue , which are a source of revenue for organised crime groups in the context of contract killings , intimidation and trafficking in human beings. similarly kidnapping , illegal restraint or hostage taking , as well as racketeering and extortion , are utilized either as source of revenue through the collection of ransom money or as intimidation tactics against adversaries. the crime of organised or armed robbery is one of the most common forms to generate profits for organised criminal groups , and it is often committed in conjunction with other crimes , in particular the trafficking in firearms. similarly , the trafficking in stolen vehicles cannot only generate profits but also represents an enabling crime to provide for the necessary instrumentalities to carry out further offences. in addition , it is key to include tax crimes to the extent it is committed as part of a criminal organisation in the scope of the directive , as this specific crime is an enabling source of profits , especially when operating in a cross-border context. typical techniques employed to commit tax fraud or evasion consist of making use of cross-border corporate structures or similar arrangements to fraudulently obtain tax benefits and refunds , hide assets or profits , merge legal with illicit profits and assets or to transfer them to other entities abroad to disguise their origins or (beneficial) ownership.


### (24) the practice by a suspected or accused person of transferring property or proceeds to a knowing third party with a view to avoiding confiscation is common and widespread. acquisition by a third party refers to situations where , for example , property has been acquired , directly or indirectly , for example through an intermediary , by the third party from a suspected or accused person , including when the criminal offence has been committed on their behalf or for their benefit , and when an accused person does not have property that can be confiscated. such confiscation should be possible in cases where it has been established that third parties knew or ought to have known that the purpose of the transfer or acquisition was to avoid confiscation , on the basis of concrete facts and circumstances , including that the transfer was carried out free of charge or in exchange for an amount significantly lower than the market value. the rules on third party confiscation should extend to both natural and legal persons , without prejudice to the right of third parties to be heard , including the right to claim ownership of the property concerned. in any event , the rights of bona fide third parties should not be affected. ### (24) the practice by a suspected or accused person of transferring property or proceeds to a knowing third party with a view to avoiding confiscation is common and widespread. acquisition by a third party refers to situations where , for example , property has been acquired , directly or indirectly , for example through an intermediary , by the third party from a suspected or accused person , including when the criminal offence has been committed on their behalf or for their benefit , and when an accused person does not have property that can be confiscated. such confiscation should be possible in cases where it has been established that third parties knew or ought to have known that the purpose of the transfer or acquisition was to avoid confiscation , on the basis of concrete facts and circumstances , including that the transfer was carried out free of charge or in exchange for an amount significantly lower than the market value. the rules on third party confiscation should extend to both natural and legal persons , without prejudice to the right of third parties to be heard , including the right to claim ownership of the property concerned. in any event , the rights of bona fide third parties should not be affected. however , this principle of good faith should not be applied if the third party knew or should have known that the transferred property or proceeds were directly or indirectly linked to criminal conduct.


### (26) confiscation should also be possible where a court is satisfied that the instrumentalities , proceeds , or property in question is derived from criminal conduct but where a final conviction is not possible because of illness , absconding or death of the suspected or accused person , or because the suspected or accused person cannot be held liable because of immunity or amnesty as provided for under national law. the same should be possible where the time limits prescribed under national law have expired , where such time limits are not sufficiently long to allow for the effective investigation and prosecution of the relevant criminal offences. confiscation in such cases should only be allowed where the national court is satisfied that all the elements of the offence are present. for reasons of proportionality , confiscating property without a prior conviction should be limited to cases of serious crimes. the right of the defendant to be made aware of the proceeding and to be represented by a lawyer should not be affected. ### (26) confiscation should also be possible where a court is satisfied that the instrumentalities , proceeds , or property in question is derived from criminal conduct but where a final conviction is not possible because of illness , absconding or death of the suspected or accused person , or because the suspected or accused person cannot be held liable because of personal or functional immunity or amnesty as provided for under national or international law. the same should be possible where the time limits prescribed under national law have expired , where such time limits are not sufficiently long to allow for the effective investigation and prosecution of the relevant criminal offences. confiscation in such cases should only be allowed where the national court is satisfied that all the elements of the offence are present. for reasons of proportionality , confiscating property without a prior conviction should be limited to cases of serious crimes. the right of the defendant to be made aware of the proceeding and to be represented by a lawyer should not be affected.


### (32) this directive respects the fundamental rights and observes the principles recognized by the charter of fundamental rights of the european union (‘the charter’) and the european convention for the protection of human rights and fundamental freedoms (‘the echr’) , as interpreted in the case-law of the european court of human rights. this directive should be implemented in accordance with those rights and principles. ### (32) this directive respects the fundamental rights and observes the principles recognized by the charter of fundamental rights of the european union (‘the charter’) and the european convention for the protection of human rights and fundamental freedoms (‘the echr’) , as interpreted in the case-law of the european court of human rights. this directive should be implemented in accordance with those rights and principles. in regards to the charter of fundamental rights , it should be highlighted that this includes the rights to asylum (art. 18) , the prohibition of removing a person to a country where they are at risk of being tortured (art. 19) , the right to a fair trial (art. 47) and the right of defence (art. 48).


### terrorism , as defined in directive (eu) 2017/541 of the european parliament and of the council38; ### terrorist offences , as defined in article 3 of directive (eu) 2017/541 of the european parliament and of the council38;


### illicit trafficking in narcotic drugs and psychotropic substances , as defined in council framework decision 2004/757/jha41; ### illicit trafficking in narcotic drugs and psychotropic substances , where these offences are punishable by at least 5 years in prison , as defined in council framework decision 2004/757/jha41;


### facilitation of unauthorised entry and residence , as defined in council framework decision 2002/946/jha52 , and council directive 2002/90/ec53; ### deleted


### 5. the provisions on tracing and identification of instrumentalities and proceeds , or property in chapter ii shall apply to all criminal offences as defined in national law which are punishable by deprivation of liberty or a detention order of at least one year. ### 5. the provisions on tracing and identification of instrumentalities and proceeds , or property in chapter ii shall apply to all criminal offences as defined in national law in accordance with paragraph 1 which are punishable by deprivation of liberty or a detention order of at least one year.


### 1. for the purposes of performing the tasks referred to in article 5 , member states shall ensure that asset recovery offices have immediate and direct access to the following information to the extent that information is necessary for the tracing and identification of proceeds , instrumentalities , and property: ### 1. for the purposes of performing the tasks referred to in article 5 , member states shall ensure that asset recovery offices have access in accordance with national law , including a court order if necessary , to the following information to the extent that information is necessary for the tracing and identification of proceeds , instrumentalities , and property:


### 3. the direct and immediate access to the information referred to in paragraph 1 shall be without prejudice to the procedural safeguards established under national law. ### 3. the direct access to the information referred to in paragraph 1 shall be without prejudice to the procedural safeguards established under union and national law.


### member states shall take the necessary measures to ensure that their asset recovery offices provide , upon request from an asset recovery office of another member state , any information that is necessary for the performance of their tasks pursuant to article 5. the categories of personal data that can be provided are those listed in section b , point 2 of annex ii to regulation (eu) 2016/794. ### member states shall take the necessary measures to ensure that their asset recovery offices provide , upon request from an asset recovery office of another member state , any information that is necessary for the performance of their tasks pursuant to article 5. the categories of personal data that can be provided are those listed in section b , point 2 of annex ii to regulation (eu) 2016/794 , with the exception of forensic identification information as listed under section b , point 2(c)(v) of annex ii of regulation (eu) 2016/794.


### 4. member states shall ensure that the information provided by asset recovery offices pursuant to paragraphs 1 , 2 and 3 can be presented as evidence before a national court of a member state , in accordance with procedures in national law. ### deleted


### 1. member states shall take the necessary measures to enable the freezing of property necessary to ensure a possible confiscation of that property under article 12. ### 1. member states shall take the necessary measures to enable the freezing and preservation of property necessary to ensure a possible confiscation of that property under article 12.


### 2. paragraph 1 shall not affect the rights of bona fide third parties. ### 2. paragraph 1 shall not affect the rights of bona fide third parties. good faith shall not be assumed if the third party knew or should have known that the transferred property or proceeds were directly or indirectly linked to criminal conduct.


### death of the suspected or accused person; ### deleted


### immunity from prosecution of the suspected or accused person , as provided for under national law; ### immunity from prosecution of the suspected or accused person , as provided for under national law , with the exception of immunity granted to safeguard the independence of the judiciary;


### immunity from prosecution of the suspected or accused person , as provided for under national law; ### personal or functional immunity from prosecution of the suspected or accused person , as provided for under national law;


### the time limits prescribed by national law have expired , where such limits are not sufficiently long to allow for the effective investigation and prosecution of the relevant criminal offences. ### deleted


### the time limits prescribed by national law have expired , where such limits are not sufficiently long to allow for the effective investigation and prosecution of the relevant criminal offences. ### the time limits prescribed by national law have expired , where such limits are not sufficiently long (not exceeding 15 years) to allow for the effective investigation and prosecution of the relevant criminal offences.


### 3. before a confiscation order within the meaning of paragraphs 1 and 2 is issued by the court , member states shall ensure that the affected person’s rights of defence are respected including by awarding access to the file and the right to be heard on issues of law and fact. ### 3. before a confiscation order within the meaning of paragraphs 1 and 2 is issued by the court , member states shall ensure that the affected person’s rights of defence are respected including by awarding access , in particular to a lawyer , to the file and the right to be heard on issues of law and fact.


### 4. before a confiscation order within the meaning of paragraphs 1 and 2 is issued by the court , member states shall ensure that the affected person’s rights of defence are respected including by awarding access to the file and the right to be heard on issues of law and fact. ### 4. before a confiscation order within the meaning of paragraphs 1 and 2 is issued by the court , member states shall ensure that the affected person’s rights of defence are respected including by awarding access , in particular to a lawyer , to the file and the right to be heard on issues of law and fact.


### victims compensation ### compensation for victims (natural or legal persons)


### 1. member states shall ensure the efficient management of frozen and confiscated property until its disposal. ### 1. member states shall ensure the efficient management of frozen and confiscated property until its disposal , including through the measures set out in article 17(2);


### the property is too difficult to administer , or its management requires special conditions and non-readily available expertise. ### the management of this property requires special conditions and non-readily available expertise.


### 3. earnings from interlocutory sales should be secured until a judicial decision on confiscation is reached. member states shall take appropriate measures to protect third party buyers of property sold from retaliatory measures , to ensure that the property sold is not returned to persons convicted of the criminal offences referred to in article 2. ### 3. earnings from interlocutory sales should be secured until a judicial decision on confiscation is reached. member states shall take appropriate measures to protect third party buyers of property sold from any threats or other retaliatory measures , to ensure that the property sold is not returned to persons convicted of the criminal offences referred to in article 2.


### 4. member states may require the costs for the management of frozen property to be charged to the beneficial owner. ### deleted


### 2. asset recovery offices shall cooperate with europol and eurojust , in accordance with the areas of their competence , for the purposes of facilitating the identification of instrumentalities and proceeds , or property that may become or is the object of a freezing or confiscation order made by a competent authority in the course of criminal proceedings , and where necessary to prevent , detect or investigate criminal offences related to the violation of union restrictive measures. ### 2. asset recovery offices shall cooperate with europol and eurojust , in accordance with the areas of their competence and within the limits of their respective legal frameworks , for the purposes of facilitating the identification of instrumentalities and proceeds , or property that may become or is the object of a freezing or confiscation order made by a competent authority in the course of criminal proceedings , and where necessary to prevent , detect or investigate criminal offences related to the violation of union restrictive measures.


### 2. member states shall provide for the effective possibility for the person whose property is affected to challenge the freezing order pursuant to article 11 before a court , in accordance with procedures provided for in national law. where the freezing order has been taken by a competent authority other than a judicial authority , national law shall provide that such an order is first to be submitted for validation or review to a judicial authority before it can be challenged before a court. ### 2. member states shall provide for the effective possibility for the person whose property is affected to challenge the freezing order pursuant to article 11 before a court , in accordance with procedures provided for in national law. where the freezing order has been taken by a competent authority other than a judicial authority , national law shall provide that such an order is first to be submitted for validation or review in reasonable time to a judicial authority before it can be challenged before a court.


### with recommendations to the commission on a safety net to protect the beneficiaries of union programmes: setting up an mff contingency plan ### with recommendations to the commission on a safety net to protect the beneficiaries of union programmes and mitigate the impact of the covid-19 pandemic: setting up an mff contingency plan


### (12) with a view to protect people in vulnerable situations , including those suffering from mental illnesses and chronic diseases , the programme should also promote actions which address the collateral impacts of the health crisis on people belonging to such vulnerable groups. ### (12) with a view to protect people in vulnerable situations , including those suffering from mental illnesses , non-communicable diseases and chronic diseases , the programme should also promote actions which address the collateral impacts of the health crisis on people belonging to such vulnerable groups. with a view to guaranteeing continued high standards of essential healthcare services , the programme should , in particular in times of crisis and pandemics , encourage a transition to telemedicine , at-home administration of medication and implementation of preventative and self-care plans , where possible and appropriate , while ensuring that access to healthcare services is provided to chronic patients. the programme should also ensure that the transition is based on evidence and evaluation of best practices , supported by adequate systems of information and health literacy , infrastructures and careful planning , taking into consideration issues such as access to digital solutions in remote areas or for specific population groups.


### (12) with a view to protect people in vulnerable situations , including those suffering from mental illnesses and chronic diseases , the programme should also promote actions which address the collateral impacts of the health crisis on people belonging to such vulnerable groups. ### (12) with a view to protect people in vulnerable situations , including people with a disadvantaged socio economic status , women , victims/survivors of sexual and gender-based violence , lgbti people , ethnic minorities , roma people , migrant people , people living with disabilities , suffering from mental illnesses and chronic diseases , and other marginalised , discriminated against , vulnerable , underserved groups , the programme should also promote actions which address the collateral impacts of the health crisis on people belonging to such vulnerable groups. the programme should therefore support actions which aim to address all social determinants of health including gender with an intersectional approach , with a view of putting an end to all health inequalities including gender-based inequalities , responding to people’s specific health needs including women’s health needs , and aim to ensure continued access to all health care services.


### (18) the programme therefore should contribute to disease prevention throughout the lifetime of an individual and to health promotion by addressing health risk factors , such as the use of tobacco and related products and exposure to their emissions , the harmful use of alcohol , and the consumption of illicit drugs. the programme should also contribute to the reduction of drugs-related health damage , unhealthy dietary habits and physical inactivity , and exposure to environmental pollution , and foster supportive environments for healthy lifestyles in order to complement member states action in these areas. the programme should also therefore contribute to the objectives of the european green deal , the farm to fork strategy and the biodiversity strategy. ### (18) the programme therefore should contribute to disease prevention throughout the lifetime of an individual and to health promotion by addressing health risk factors , such as the use of tobacco and related products and exposure to their emissions , the harmful use of alcohol , and the consumption of illicit drugs. the programme should also contribute to the reduction of drugs-related health damage , unhealthy dietary habits and physical inactivity , and exposure to environmental pollution , and foster supportive environments for healthy lifestyles in order to complement member states action in these areas. the programme also therefore contributes to the objectives of the european green deal , the farm to fork strategy and the biodiversity strategy and is entirely consistent with the paris agreement and the union's climate-neutrality targets.


### (30) in order to optimise the added value and impact from investments funded wholly or in part through the budget of the union , synergies should be sought in particular between the programme for the union's action in the field of health and other union programmes , including those under shared-management. to maximise those synergies , key enabling mechanisms should be ensured , including cumulative funding in an action from the programme for the union's action in the field of health and another union programme , as long as such cumulative funding does not exceed the total eligible costs of the action. for that purpose , this regulation should set out appropriate rules , in particular on the possibility to declare the same cost or expenditure on a pro-rata basis to programme for the union's action in the field of health and another union programme. ### (30) in order to optimise the added value and impact from investments funded wholly or in part through the budget of the union , synergies should be sought in particular between the programme for the union's action in the field of health and other union programmes , including those under shared-management. to maximise those synergies , key enabling mechanisms should be ensured , including cumulative funding in an action from the programme for the union's action in the field of health and another union programme , as long as such cumulative funding does not exceed the total eligible costs of the action. for that purpose , this regulation should set out appropriate rules , in particular on the possibility to declare the same cost or expenditure on a pro-rata basis to programme for the union's action in the field of health and another union programme. costs should be reported in a detailed and transparent manner.


### (40) reflecting the importance of tackling climate change in line with the union's commitments to implement the paris agreement and the united nations sustainable development goals , this programme will contribute to mainstream climate action in the union's policies and to the achievement of an overall target of 25 % of the eu budget expenditures supporting climate objectives. relevant actions will be identified during the programme's preparation and implementation , and reassessed in the context of its mid-term evaluation. ### (40) reflecting the need to tackle climate change in line with the union's commitments to implement the paris agreement and the united nations sustainable development goals , this programme will contribute to mainstream climate action in the union's policies and to the achievement of an overall target of 50 % of the eu budget expenditures supporting climate and biodiversity objectives. relevant actions will be identified during the programme's preparation and implementation , assessed and , if necessary , adapted in the context of its mid-term evaluation.


### (43) given the nature and potential scale of cross-border threats to human health , the objective of protecting people in the union from such threats and to increase crisis prevention and preparedness cannot be sufficiently achieved by the member states acting alone. in accordance with the principle of subsidiarity as set out in article 5 of the treaty on the european union , action at union level can also be taken to support member states’ efforts in the pursuit of a high level of protection of public health , to improve the availability and affordability in the union of medicines , medical devices and other crisis relevant products , to support innovation and to support integrated and coordinated work and implementation of best practices among member states , and to address inequalities in access to health throughout the eu in a manner that creates efficiency gains and value-added impacts that could not be generated by action taken at national level while respecting the member states’ competence and responsibility in the areas covered by the programme. in accordance with the principle of proportionality , as set out in that article , this regulation does not go beyond what is necessary in order to achieve those objectives. ### (43) given the nature and potential scale of cross-border threats to human health , the objective of protecting people living in the union from such threats and to increase crisis prevention and preparedness cannot be sufficiently achieved by the member states acting alone. in accordance with the principle of subsidiarity as set out in article 5 of the treaty on the european union , action at union level can also be taken to support member states’ efforts in the pursuit of a high level of protection of public health , to improve the availability and affordability in the union of medicines , medical devices and other crisis relevant products , to support innovation and to support integrated and coordinated work and implementation of best practices among member states , and to address inequalities in access to health throughout the eu in a manner that creates efficiency gains and value-added impacts that could not be generated by action taken at national level while respecting the member states’ competence and responsibility in the areas covered by the programme. in accordance with the principle of proportionality , as set out in that article , this regulation does not go beyond what is necessary in order to achieve those objectives.


### (4) strengthen the effectiveness , accessibility , sustainability and resilience of health systems , including by supporting digital transformation , the uptake of digital tools and services , systemic reforms , implementation of new care models and universal health coverage , and address inequalities in health; ### (4) strengthen the effectiveness , accessibility , sustainability and resilience of health systems , including by supporting digital transformation , the uptake of digital tools and services , systemic reforms , implementation of new care models and the achievement of universal health coverage , which includes access to sexual and reproductive health and rights , and address inequalities in health , including gender and intersectional inequalities;


### (iv) development and operation of databases and digital tools and their interoperability , including where appropriate with other sensing technologies , such as space-based; ### (iv) development and operation of databases and digital tools and their interoperability;


### (viii) actions to support investigation , risk assessment and risk management work on the link between animal health , environmental factors , and human diseases , including during health crises. ### (viii) actions to support investigation , risk assessment and risk management work on the link between animal health , the impact of climate change and biodiversity loss and other environmental factors , and human diseases , including during health crises.


### (iii) support the deployment and interoperability of digital tools and infrastructures within and between member states and with union institutions and bodies; develop appropriate governance structures and sustainable , interoperable union health information systems , as part of the european health data space and strengthen citizens’ access to and control over their health data; ### (iii) support the deployment and interoperability of digital tools and infrastructures within and between member states and with union institutions and bodies , in full compliance with personal data protection principles; develop appropriate governance structures and sustainable , interoperable union health information systems , as part of the european health data space and strengthen citizens’ access to , management of and control over their health data;


### (10) due to the serious nature of cross-border health threats , the programme should support coordinated public health measures at union level to address different aspects of such threats. with a view to strengthen the capability in the union to prepare for , respond to and manage health crisis the programme should provide support to the actions taken in the framework of the mechanisms and structures established under decision no 1082/2013/eu of the european parliament and of the council10 and other relevant mechanisms and structures established at union level. this could include strategic stockpiling of essential medical supplies or capacity building in crisis response , preventive measures related to vaccination and immunisation , strengthened surveillance programmes. in this context the programme should foster union-wide and cross-sectoral crisis prevention , preparedness , surveillance , management and response capacity of actors at the union , national , regional and local level , including contingency planning and preparedness exercises , in keeping with the “one health” approach. it should facilitate the setting up of an integrated cross-cutting risk communication framework working in all phases of a health crisis - prevention , preparedness and response. ### (10) due to the serious nature of cross-border health threats , the programme should support coordinated public health measures at union level to address different aspects of such threats. with a view to strengthen the capability in the union to prepare for , respond to and manage all aspects of a health crisis in a holistic manner , the programme should provide support to the actions taken in the framework of the mechanisms and structures established under decision no 1082/2013/eu of the european parliament and of the council10 and other relevant mechanisms and structures established at union level. this could include strategic stockpiling of essential medical supplies or capacity building in crisis response , preventive measures related to health education and information , vaccination and immunisation , strengthened surveillance programmes. in this context the programme should foster union-wide and cross-sectoral crisis prevention , preparedness , surveillance , management and response capacity of actors at the union , national , regional and local level , including contingency planning and preparedness exercises , in keeping with the “one health” approach. it should facilitate the setting up of an integrated cross-cutting risk communication framework working in all phases of a health crisis - prevention , preparedness and response.


### (11) as in the time of health crisis emergency health technology assessment as well as clinical trials can contribute to the rapid development of medical countermeasures the programme should provide support to facilitate such actions. the commission has adopted a proposal11 on health technology assessment (hta) to support cooperation on health technology assessment at union level. ### (11) in the time of health crisis emergency clinical trials and health technology assessment (hta) can contribute to the rapid development , identification and availability of medical countermeasures. the commission has presented , in january 2018 , a proposal for a regulation to support cooperation on hta at union level. the european parliament already provided its position expressing a large support for the proposal , which is awaiting the position and approval of the european council. a cooperation among member states has been running for more than 20 years on a voluntary basis. the commission proposal aims at making this coordination fully operational and sustainable under the eu budget. the proposal profiles the creation of a permanent secretariat (also known as coordination group) to support member states cooperation in the timely identification and assessment of relevant health technologies , so as to ensure the necessary transparency and consistency on the medical and scientific information to be made available to member states , with the due involvement of experts and patients. the programme should provide support to facilitate such actions , including the creation of a scientific committee to advise the hta coordination group of member states on the technologies which are meant to benefit the most from a common assessment. medical and scientific evidence must override any national administrations’ political or industrial interests.


### (5) support actions aimed at strengthening health system’s ability to foster disease prevention and health promotion , patient rights and cross-border healthcare , and promote the excellence of medical and healthcare professionals; ### (5) support actions aimed at addressing health inequalities and strengthening health system’s ability to foster disease prevention , early diagnosis and screening , and implement health promotion , including through the promotion of physical activity , health education literacy , patient rights and cross-border healthcare;


### (5) support actions aimed at strengthening health system’s ability to foster disease prevention and health promotion , patient rights and cross-border healthcare , and promote the excellence of medical and healthcare professionals; ### (5) support actions aimed at strengthening health system’s ability to foster disease prevention and health information , education and promotion with a gender perspective , patient rights and cross-border healthcare , and promote the excellence of medical and healthcare professionals;


### (6) support action for the surveillance , prevention , diagnosis and treatment and care of non-communicable diseases , and notably of cancer; ### (6) support action for the surveillance , prevention , diagnosis and treatment and care of non-communicable diseases , and notably of cancer , while addressing its synergies with other major non-communicable diseases such as neurological disorders and supporting the implementation of europe’s beating cancer plan;


### (6) support action for the surveillance , prevention , diagnosis and treatment and care of non-communicable diseases , and notably of cancer; ### (6) support action for the surveillance , prevention , diagnosis and treatment and care of non-communicable diseases , and notably of major chronic diseases such as cardiovascular disease , cancer , chronic respiratory disease , diabetes and mental health conditions;


### (3) the unprecedented experience of the covid-19 pandemic has demonstrated that the union effectiveness in managing a crisis is limited by the scope of its governance framework , but also by the degree of union preparedness in case of disasters impacting a majority of member states. ### (3) the unprecedented experience of the covid-19 pandemic has demonstrated that the union effectiveness in managing a crisis is limited by the scope of its governance framework , but also by the degree of union preparedness in case of disasters impacting a majority of member states. member states should , however , take appropriate action to maintain national capacities at adequate levels in order to ensure that pandemics are properly managed.


### (6) to improve planning in prevention and preparedness , the union should continue advocating for investment in prevention of disasters across sectors , and for comprehensive risk management approaches that underpin prevention and preparedness , taking into account a multi-hazard approach , an ecosystem-based approach and the likely impacts of climate change , in close cooperation with the relevant scientific communities and key economic operators. to that effect , cross-sectoral and all-hazard approaches should be put at the forefront and be based on union wide resilience goals feeding into a baseline definition of capacities and preparedness. the commission is to work together with member states when defining union wide resilience goals. ### (6) to improve planning in prevention , preparedness and resilience , the union should continue advocating for investment in prevention of disasters across sectors , and for comprehensive risk management approaches that underpin prevention and preparedness , taking into account a multi-hazard approach , an ecosystem-based approach and the likely impacts of climate change , in close cooperation with the relevant scientific communities and key economic operators. to that effect , cross-sectoral and all-hazard approaches should be put at the forefront and be based on union wide resilience goals feeding into a baseline definition of capacities and preparedness. the commission is to work together with member states when defining union wide resilience goals.


### (9) the union mechanism should make use of union space infrastructures such as the european earth observation programme (copernicus) , galileo , space situational awareness and govsatcom , which provide important union level tools to respond to internal and external emergencies. copernicus emergency management systems are providing support to the ercc in the various emergency phases from early warning and prevention to disaster and recovery. govsatcom is to provide secure satellite communication capability specifically tailored to the needs of governmental users in emergency management. galileo is the first global satellite navigation and positioning infrastructure specifically designed for civilian purposes in europe and worldwide , and can be used in other areas such as emergency management , including early warning activities. galileo's relevant services will include an emergency service , which broadcasts , through emitting signals , warnings regarding natural disasters or other emergencies in particular areas. the member states should be able to use this service. where they decide to use it , in order to validate the system , they should identify and notify to the commission the national authorities competent to use that emergency service. ### (9) the union mechanism should make use of union space infrastructures such as the european earth observation programme (copernicus) , galileo and govsatcom , which provide important union level tools to respond to internal and external emergencies. copernicus emergency management systems are providing support to the ercc in the various emergency phases from early warning and prevention to disaster and recovery. govsatcom is to provide secure satellite communication capability specifically tailored to the needs of governmental users in emergency management. galileo is the first global satellite navigation and positioning infrastructure specifically designed for civilian purposes in europe and worldwide , and can be used in other areas such as emergency management , including early warning activities. galileo's relevant services will include an emergency service , which broadcasts , through emitting signals , warnings regarding natural disasters or other emergencies in particular areas. the member states should be able to use this service. where they decide to use it , in order to validate the system , they should identify and notify to the commission the national authorities competent to use that emergency service. the highest possible levels of privacy protection and regulation (eu) 2016/679 should apply to actions related to all these programmes. 1 a


### (10) in order to have the operational capacity to respond swiftly to a large-scale emergency or to a low probability event with a high impact such as the covid-19 pandemic , the union should have the possibility of acquiring , renting , leasing or contracting resceu capacities to be able to assist member states overwhelmed by large-scale emergencies , in line with the supporting competence in the area of civil protection and with a particular attention to vulnerable people. those capacities are to be pre-positioned in logistical hubs inside the union or , for strategic reasons , via trusted networks of hubs such as the un humanitarian response depots. ### (10) in order to have the operational capacity to respond swiftly to a large-scale emergency or to a low probability event with a high impact such as the covid-19 pandemic , the union should have the possibility of acquiring , renting , leasing or contracting resceu capacities to be able to assist member states overwhelmed by large-scale emergencies , in line with the supporting competence in the area of civil protection and with a particular attention to vulnerable people , especially the elderly. those capacities are to be pre-positioned in logistical hubs inside the union or , for strategic reasons , via trusted networks of hubs such as the un humanitarian response depots.


### 5. the commission shall define union disaster resilience goals to support prevention and preparedness actions. disaster resilience goals shall ensure a common baseline for maintaining critical societal functions in the face of cascading effects of a high impact disaster and for ensuring the functioning of the internal market. the goals shall be based on forward looking scenarios , including the impacts of climate change on disaster risk , data on past events and cross-sectoral impact analysis with a particular attention to vulnerable people. ### 5. the commission shall define union disaster resilience goals to support prevention and preparedness actions. disaster resilience goals shall ensure a common baseline for maintaining critical societal functions in the face of cascading effects of a high impact disaster and for ensuring the functioning of the internal market. the goals shall be based on forward looking scenarios , including the impacts of climate change and biodiversity loss on disaster risk , data on past events and cross-sectoral impact analysis with a particular attention to vulnerable people.


### - to develop transnational detection and warning systems of union interest; ### - to develop transnational detection and early warning systems of union interest in order to mitigate the immediate effects of disasters or pandemics on human lives;


### 3. resceu capacities shall be acquired , rented , leased , and/or otherwise contracted by the commission or member states. the commission may acquire , rent , lease or otherwise contract resceu capacities to stock and distribute supplies or to provide services to member states , through procurement procedures in accordance with the union's financial rules. where resceu capacities are acquired , rented , leased or otherwise contracted by member states , direct grants may be awarded by the commission to member states without a call for proposals. ### 3. resceu capacities shall be acquired , rented , leased , and/or otherwise contracted by the commission or member states. the commission may acquire , rent , lease or otherwise contract resceu capacities to stock and distribute supplies or to provide services to member states , through procurement procedures in accordance with the union's financial rules. where resceu capacities are acquired , rented , leased or otherwise contracted by member states , direct grants shall be awarded by the commission to member states without a call for proposals.


### (1) the union civil protection mechanism (‘the union mechanism’) governed by decision no 1313/2013/eu of the european parliament and of the council4 strengthens cooperation between the union and the member states and facilitates coordination in the field of civil protection in order to improve the union's response to natural and man-made disasters. ### (1) the union civil protection mechanism (‘the union mechanism’) governed by decision no 1313/2013/eu of the european parliament and of the council4 strengthens cooperation between the union and the member states and facilitates coordination in the field of civil protection in order to improve the union's response to natural and man-made disasters. the human , environmental , social and economic consequences stemming from disasters can be of a scale not previously known.


### collect and analyse validated information on the situation , in conjunction with the affected member state , with the goal of generating common situational awareness , and disseminate it to the member states;’; ### collect and analyse validated information on the situation , in conjunction with the affected member state , with the goal of generating common awareness of the situation and its response , and disseminate it directly to the member states;’;


### upon request for prevention expertise in accordance with article 5(2); ### upon request for prevention expertise in accordance with article 5(2) , particularly in the event of a pandemic;


### upon request for preparedness expertise in accordance with article 13(3); ### upon request for preparedness expertise in accordance with article 13(3) , particularly in the event of a pandemic;


### 1. considers that the european union needs a more sustainable growth model in order to respond to environmental , digital and demographic challenges; welcomes the european green deal as the new green growth strategy for europe with sustainability , citizen well-being and fairness at its core; ### 1. underlines that the european union needs a fair , more sustainable and inclusive growth model in order to respond to the increased environmental , economic , social , territorial , digital and demographic challenges; welcomes the european green deal as the new green growth strategy for europe with sustainability , citizen well-being and fairness at its core; notes the renaming of the commission’s annual growth strategy to annual sustainable growth strategy and expects a substantial policy change towards this goal;


### 1. acknowledges that europe’s economy is showing signs of less dynamic growth; highlights that more must be done to support member states which are experiencing slower growth and high unemployment , particularly where young people are concerned; ### 1. takes good note of the european commission's acknowledgement that growth prospects have been weakened , investment and potential growth still remain below pre-crisis levels , the economic gap between eu regions has widened , inequalities within the eu have increased and reducing unemployment has slowed down; highlights that more must be done to support eu regions and countries which are experiencing slower growth , wider inequalities and high unemployment , particularly where young people are concerned;


### 1. notes that , in view of the climate change emergency , the eu’s annual growth survey (ags) has now been renamed the annual sustainable growth survey (asgs) , and considers that this implies a change in the positioning of the report and the implementation of ecological indicators; ### 1. notes that , in view of the climate change emergency , the eu’s annual growth survey (ags) has now been renamed the annual sustainable growth survey (asgs) , and considers that this implies a change in the positioning of the report and the implementation of ecological indicators; stresses that this needs to be more than a semantic aspect in the report , and requires serious and ambitious proposals to tackle climate change and promote environmental sustainability within the eu not downsizing the social dimension.


### 2. welcomes the fact that the communication makes the european green deal the engine of the economic strategy of the eu in order to put the union on the right path to carbon neutrality; ### 2. welcomes the fact that the communication makes the european green deal the engine of the economic strategy of the eu in order to put the union on the right path to carbon neutrality and a just and inclusive transition;


### 2. notes the role of the european green deal as the eu’s new strategy defining ecological issues and the wellbeing of citizens as principal goals for the union; notes , with regard to the scope of the european semester , the inclusion of the sdgs and of the principles of the european pillar of social rights (epsr) , which will require the adjustment of existing indicators and the creation of new ones to monitor the implementation of eu economic , environmental and social policies , as well as coherence between policy goals and budgetary means; notes the need to implement long-term planning to tackle climate change; ### 2. notes the role of the european green deal as the eu’s new strategy defining ecological issues and the wellbeing of citizens as principal goals for the union; notes , with regard to the scope of the european semester , the inclusion of the sdgs and of the principles of the european pillar of social rights (epsr) , which will require the adjustment of existing indicators and the creation of new ones to monitor the implementation of eu economic , environmental and social policies , as well as coherence between policy goals and budgetary means; notes the need to implement long-term planning to tackle climate change; notes that the commission’s green new deal proposal is clearly insufficient to address the climate emergency; notes that , according to the scientific community , in order to comply with the targets on the paris agreement and limit the temperature rise to 1 ,5 degrees , it is necessary to cut carbon emissions by 65% until 2030; notes that the commission does not strengthen the eu budget , and proposes cuts to cohesion and agricultural funds , a decision which would be inconsistent with the ambitious social and environmental goals that are being set.


### 3. welcomes the fact that the annual growth strategy 2020 report refocus the european semester process to put sustainability and the well-being of citizens at the center of economic policy , in particular with the new section created in the 2020 reports focusing on sustainability; ### 3. welcomes the fact that the annual growth strategy 2020 report refocus the european semester process to put sustainability and the well-being of citizens at the center of economic policy , in particular with the new section created in the 2020 reports focusing on sustainability; calls on the commission to give a territorial dimension to the european semester at both analytical and operational level; considers , furthermore , that in order to ensure the effective management of structural policies , regional and local authorities must be involved in drawing and taking decisions on these policies;


### 3. considers achieving a fair transition to climate neutrality to be a major responsibility for the eu’s citizens and economy and its role in the world; calls for appropriate support and policies , with involvement for and of the public , the various sectors , regions and member states with a view to benefiting from this transformation and making it a success; calls on the commission to undertake an annual evaluation of the union’s ecological debt , carbon budget and imported emissions; ### 3. considers achieving a fair transition to climate neutrality to be a major responsibility for the eu’s citizens and economy and its role in the world; calls for appropriate support and policies , with involvement for and of the public , the various sectors , regions and member states with a view to benefiting from this transformation and making it a success; calls on the commission to undertake an annual evaluation of the union’s ecological debt , carbon budget and imported emissions; deplores the just transition fund financial proposal (€7 ,5 billion) for not being nearly sufficient to ensure that carbon-dependent countries achieve a fair transition to a greener economy; insists that the criteria underlying the distribution of the fund should take into account the need to promote economic and social upward convergence , countries’ vulnerability to climate change consequences and also the level of fiscal effort that some countries have made in the past to promote energy transition.


### 4. notes in that respect that coordination of member states’ macroeconomic policies is , amongst others , an essential tool to securing the achievement of the objectives of the european green deal , notably the carbon neutrality by 2050; ### 4. notes in that respect that coordination of member states’ macroeconomic policies is , amongst others , an essential tool to securing the achievement of the objectives of the european green deal , notably the carbon neutrality by 2050; welcomes the need to change the tax/subsidy systems , and urges for greater flexibility allowed within stability and growth pact at the very last to exclude environmental and social public investment from this3% rule; calls for state aid rules to be reformed to allow for unprecedented public investment in the green transition , public services and social protection;


### 4. notes that the euro area is going through a prolonged period of subdued growth (1.1 % in the euro area and 1.4% in the eu as a whole in 2019) , with growth in the euro area in 2020 and 2021 forecast at 1.2 % and for the eu in 2020 and 2021 forecast at 1.4 %; also notes that the inflation rate is forecast to further slow down , to 1.2 % in 2019 and 2020 , in a context of high uncertainty due to geopolitical tensions and brexit; is concerned at the high level of private debt; ### 4. notes that the euro area is going through a prolonged period of subdued growth (1.1 % in the euro area and 1.4% in the eu as a whole in2019) , with growth in the euro area in 2020 and 2021 forecast at 1.2 % and for the eu in 2020 and 2021 forecast at 1.4 %; also notes that the core inflation rate is forecast to further slow down , to 1.2 % in 2019 and2020 , which signals an enduring failure of ecb’s monetary policy in boosting price levels in the euro area in a context of high uncertainty due to geopolitical tensions and brexit; is concerned at the high level of private debt and persistent external surpluses; notes that the current period of sluggish growth and stagnant wages shows the limits of expansionary monetary policy and the need for this approach to be complemented by a fiscal expansion , with coordinated efforts to boost public investment , employment and aggregate demand;


### 5. is concerned that post-crisis investment has been on a downward path in the eu in spite of historically low interest rates , currently standing at 3.4 % , with overall infrastructure investment now at about 75 % of its pre-crisis level; whereas 80 % of the shortfall is the result of cutbacks in the public sector , which have occurred particularly in countries subject to adverse macroeconomic conditions and the more severe fiscal constraints imposed on disadvantaged regions already characterised by poor infrastructure quality and weak socio-economic outcomes , but also , and surprisingly , in countries with a large fiscal space; ### 5. is concerned that post-crisis investment has been on a down ward path in the eu in spite of historically low interest rates , currently standing at 3.4 % , with overall infrastructure investment now at about75 % of its pre-crisis level; whereas 80 % of the shortfall is the result of cutbacks in the public sector , which have occurred particularly in countries subject to adverse macroeconomic conditions and the more severe fiscal constraints imposed on disadvantaged regions already characterised by poor infrastructure quality and weak socio-economic outcomes , but also , and surprisingly , in countries with a large fiscal space; recalls that former ecb president mario draghi have asked member states to make use of fiscal policy and apply fiscal stimulus to avoid a deflationary trap; notes that the current period of ultra-low interest rates provides an opportunity to expand public investment , thus addressing crucial challenges such as the energy transition , the fight against poverty and inequality and the promotion of convergence within eu member states; recalls the fact that , without the creation of a serious eurozone budget , with at least the same level of redistribution as cohesion funds , convergence between member states will not be achieved; stresses that this poses risks to the future of the monetary union and undermines its stability.


### 6. underlines the importance of structured and systematic dialogue with civil society at the national level with a view of increasing ownership. ### 6. underlines the importance of structured and systematic dialogue with civil society at the national level with a view of increasing ownership and ensuring active public participation and confidence in the transition;


### 6. endorses the conclusion of the european fiscal board (efb) that the fiscal framework has not protected the quality of public expenditure , and welcomes the efb’s proposal for a ‘golden rule’ to protect public investment; calls , therefore , for the reform of the stability and growth pact and the introduction of a golden rule aimed at implementing sound fiscal policy on an equal footing with investment within the eu’s policy objectives; whereas this should cover the investment foreseen for the realisation of the green deal , the digital revolution , the sdgs and the epsr rights , including expenditure aimed at reducing poverty and inequality related to social protection , health services and long-term care , and education and training; ### 6. endorses the conclusion of the european fiscal board (efb)that the fiscal framework has not protected the quality of public expenditure , and welcomes the efb’s proposal for a ‘golden rule’ to protect public investment; calls , therefore , for the reform of the stability and growth pact and the introduction of a golden rule aimed at implementing sound fiscal policy on an equal footing with investment within the eu’s policy objectives; whereas this should cover the investment foreseen for the realisation of the green deal , the digital revolution , the sdgs and the epsr rights , including expenditure aimed at reducing poverty and inequality related to social protection , health services and long-term care , childcare , education and training;


### 8. calls for a european green industrial strategy; ### 8. calls for a european green industrial strategy; calls for a revision of state aid rules , thus allowing states to direct investment and promote certain industries in accordance with the objectives of industrial policy and social and environmental development.


### 9. shares the concern expressed in others of the efb’s conclusions regarding the pro-cyclical elements in the eu fiscal rules , which forced member states to adjust their economies in a poor or difficult economic situation , failing to improve the quality of public finance and promote investment; welcomes the efb’s recommendation of a seven-year cycle mirroring the mff so as to better coordinate member states’ public accounts , and especially investment; ### 9. shares the concern expressed in others of the efb’s conclusions regarding the pro-cyclical elements in the eu fiscal rules , which forced member states to adjust their economies in a poor or difficult economic situation , with counterproductive effects on the quality of public finance and investment; welcomes the efb’s recommendation of a seven-year cycle mirroring the mff so as to better coordinate member states’ public accounts , and especially investment; notes that the current revision of the eu fiscal rules provides an opportunity to do away with its pro-cyclical bias.


### 10. notes that the debt levels of all the member states are above the pre-crisis level and are expected to exceed 60 % in 2021; further notes that in six member states the ratio will be higher than 90 %; highlights the fact that the fiscal rules have not contributed to bringing down the debt levels of highly indebted countries but have , rather , increased them; ### 10. notes that the debt levels of all the member states are above the pre-crisis level and are expected to exceed 60 % in 2021; further notes that in six member states the ratio will be higher than 90 %;highlights the fact that the fiscal rules have not contributed to bringing down the debt levels of highly indebted countries but have , rather , increased them; recalls the need for a process of public debt restructuring in highly indebted economies (such as greece , portugal or italy) in order to reduce the risk of excessive burden of interest expenditure in these countries , while promoting sustainable economic growth and the sustainability of public finances; recalls the need to discuss debt mutualisation within the eu as a way of promoting financial stability.


### 11. supports flexibility in the implementation of the sgp as proposed by the commission in 2015; considers that much more flexibility should be introduced in order to boost investment and ecological transition in the eu; calls , therefore , for the reform of the sgp and the introduction of a euro area fiscal capacity; ### 11. supports flexibility in the implementation of the sgp as proposed by the commission in 2015; considers that much more flexibility should be introduced in order to boost investment and ecological transition in the eu; calls , therefore , for the reform of the sgp and the introduction of a euro area fiscal capacity , as well as the guarantee that cohesion funds will not suffer cuts in the new mff; stresses that the framework under which the bicc is currently being designed is clearly insufficient to promote sustainable growth and actually harms convergence in the euro area; calls for the bicc to have at least the same level of redistribution as the cohesion funds.


### 12. reiterates its call for a european stabilisation function and a european unemployment benefit reinsurance scheme , with a view to protecting citizens and reducing pressure on public finances during external shocks so as to overcome social and economic imbalances; ### 12. reiterates its call for a european stabilisation function and a european unemployment benefit reinsurance scheme , with a view to protecting citizens and reducing pressure on public finances during external shocks so as to overcome social and economic imbalances; stresses the need for this scheme to be based on budgetary transfers and not on loans granted to the member states.


### 13. notes that the commission warranted in-depth reviews for 13 member states identified as having imbalances; supports the suggestion made in the alert mechanism report (amr) 2020 that a rebalancing of current account deficits and surpluses in the euro area is needed urgently and would be beneficial for all member states; ### 13. notes that the commission warranted in-depth reviews for 13 member states identified as having imbalances; supports the suggestion made in the alert mechanism report (amr) 2020 that a rebalancing of current account deficits and surpluses in the euro area is needed urgently and would be beneficial for all member states; notes that persistent excessive surpluses in core countries such as germany undermine the macroeconomic stability of the euro area; calls on the commission to study the possibility of taxing these surpluses , when persistent and above a threshold , by designing a european convergence tax , in order to ensure the stability of the monetary union;


### 14. is concerned about the accelerating rise in house prices; ### 14. is concerned about the accelerating rise in housing prices; notes that , between 2010 and 2018 , housing prices rose by 15% in the eu and by 11% in the euro area (eurostat) , while wages have stagnated; recalls that rapidly increasing property prices can be a sign of overheating in the housing market and raise the possibility of a housing bubble; stresses the need for public investment to address the housing crisis , expand the public provision of housing at affordable prices and promote the fight against homelessness with the promotion of programs such as “housing first” within the european strategy for homeless integration;