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By Emily Wigens, ONE EU Director & Valentina Barbagallo, Global Citizen EU & Climate Lead

Much has been said and written about the converging crises of COVID-19, conflict, and climate change. Less has been said, however, about the credibility crisis that is hurtling towards Brussels and the European Union.

The past two years have underscored that, in a global crisis, EU Member States increasingly turn to the EU. Unfortunately the Member States have not set the institutions up for success. Despite a strong political commitment to lead internationally, the EUs budget for external action is unable to meet the scale of the challenges facing the world today.

The EU urgently needs new resources capable of meeting the moment.

Securing these from Member States is going to be difficult with the cost of living crisis biting across the continent although Member States must step up, too. There are, however, other proposals that, if adopted, could bring about a stepchange in ambition and progress.

Later this year the European Commission will publish a proposal for a new set of own resources options for raising revenues that would go directly into the EU budget, rather than national purses. It is through this process that the EU can take concrete steps to avoid a credibility crisis.

An international tax on financial transactions has been long debated, but never yet agreed, at EU level.

The proposal is both simple and attractive: given the scale of transactions in financial markets, all that is needed is to apply a tax at an extremely low rate to raise significant tax revenues, without affecting the functioning of the markets.

In 2013, the European Commission estimated that a Financial Transaction Tax (FTT) implemented by just 11 Member States participating in an Enhanced Cooperation Procedure could generate between 30-35 billion annually.

With this idea once again gaining international traction as a means to rebalance the harmful effects of globalization, the EU should play a leading role in delivering such a game-changing agreement, and an ambitious proposal must therefore be central in a new basket of own-resources.

This is just one example. The EU must agree a broad package of new revenues, ensuring that there are sufficient funds in the EU budget to meet the challenges ahead.

During exceptional times we need exceptional measures. Everyone must pay their share from industry (through windfall taxes on excessive profits), to investors (through an excise duty on share buy-backs), and the wealthiest in society. Anything less will be sure to undershoot in terms of the scale of ambition needed to address todays global challenges.

Furthermore, the package should also introduce a new principle: that once Next Generation EU debt has been paid down, a large portion of new revenues should be allocated to the fight for climate justice and development.

This would ensure sufficient EU financing for the fight against extreme poverty and climate change and to support low-income countries in the face of the disruptions for which wealthy economies are mainly responsible.

In June, an international summit in Paris will attempt to catalyze the first steps towards a new global financing pact.

This is a prime opportunity for the EU to protect its credibility by setting out plans to ensure its deeds match its words by supporting the adoption of new internationally coordinated levies, including an FTT, to raise at least $50 billion a year for development, climate, and biodiversity protection. In order to respond adequately to the urgent situation, these proposals must be operational by 2025.

The devastating war in Ukraine and the onslaught of climate events underline clearly how closely tied European security and stability is to that of our neighbors.

The EUs ability to forge strong partnerships and alliances is crucial for delivering our security, stability, and prosperity. If bold action isnt taken to ensure everyone contributes funding to protect our future, then the EUs ability to assert positive influence on the global stage will be severely hampered, and the trust of Europes allies and partners will waver again.

Its in all of our interests to steer clear of this credibility crisis.

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The European Union's Facing a Credibility Crisis. Here's How It Can ... - Global Citizen

Opening the first Inter-Committee Meeting between the European Parliament and the Ukrainian Verkhovna Rada, European Parliament President Roberta Metsola said: Todays meeting marks the launch of an in-depth, comprehensive and concrete sectorial cooperation between our two institutions. Cooperation that is crucial in view of Ukraine's European path. This is something that Speaker Ruslan Stefanchuk and I have discussed and converged over on several occasions... because there is no question that Ukraines future is as a Member of the European Union. Rest assured that Ukraine will always find a friend and ally in the European Parliament. My hope is that accession negotiations will be able to start already this year."

At the meeting, where committee chairs of the European Parliament and the Verkhovna Rada debated the nature and challenges of the EU accession process, MEPs stated their firm condemnation of the illegal and unjustified Russian war of aggression. The EU as well as the European Parliament, they said, are strong allies of Ukraine and will continue to stand with the country and its people in their fight for freedom.

Looking at future cooperation between both parliaments, MEPs expressed their willingness to deepen institutional ties and offer more support and expertise to their Ukrainian colleagues for the countrys path towards EU membership, including in the areas of alignment with EU laws and in post-war recovery. When it comes to the reconstruction of Ukraine, MEPs stressed it is essential to build back better and link reconstruction efforts to a reform process that secures Ukraines European integration.

MEPs highlighted the need to establish an adequate governance architecture for reconstruction efforts that ensures Ukrainian ownership, and is transparent, accountable and inclusive, with the proper involvement of both the European Parliament and the Verkovna Rada.

You can watch the introductory remarks of European Parliament President Roberta Metsola and the Chairman of the Verkhovna Rada Ruslan Stefanchuk here.

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Leading MEPs reaffirm their strong support for Ukraine's path to the ... - European Parliament

The European Unionstrongly condemnsthe decision of Russian authorities todeclarethe activities ofEU-RussiaCivil Society Forumas undesirable, according to a statement from the European Union External Action (EEAS) on Wednesday.

The Russian Prosecutor Generals Office on Tuesday had effectively shut down the Berlin-based organization which hosts intergovernmental conferences and civil society events.

Civil society cooperation beyond borders and people-to-people contacts can only be desirable. However, under the current circumstances, we do not have any other choice than to discontinue cooperation with our partners from Russia, theEU-RussiaCivil Society Forum said onLinkedInas its webpage has nowgone offline.

This decisionfurther intensifiesthecrackdownonindependent civil society and media in Russia, taking place againstthe backdrop of Russias war of aggression against Ukraine, the EEAS said in its statement.

The European Union urges the Russian authoritiestorepeal the current legislation on the so-called undesirable organizations and foreign agents,which severely restricts the freedoms of association and opinion, the statement added.

The European Union stands in solidarity with Russian citizens who are prevented from exercising their human rights.We will continue to support the important work of Russian civil society organizations, human rights defenders and independent media and journalists inside and outside Russia, it added.

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European Union strongly condemns intensified crackdown on ... - Egypt Independent

Ongoing strikes in France have resulted in flights across Europe facing cancelation as international airlines face the closure of French airspace. Air Traffic Controllers in France are joining other workers' unions to participate in industrial action across the country as Ryanair calls on the European Union to intervene.

Low-cost-carrier Ryanair is petitioning the European Union Commission to enact policies that protect flights overflying France during the ongoing French Air Traffic Control (ATC) strikes as it faces hundreds of last-minute cancelations. Current minimum service laws in France prevent the strikes from affecting domestic flights, but flights flying over the country (for instance, from London to Rome) are not protected.

The airline issued a strongly-worded condemnation of the EU Commission today (April 13th) as it faced the 38th day of French ATC strikes in just three months. Ryanair called out EU Commission President Ursula von der Leyen for her "inexcusable failure" to protect the fundamental right to the Freedom of Movement that EU citizens are entitled to by irresponsibly allowing EU skies to be closed repeatedly during French ATC strikes.

The airline confirmed that some 627,000 Ryanair passengers were destined to travel on flights that were canceled at short notice due to French ATC strikes in the first three months of 2023 alone. Such neglect, the airline argues, diminishes essential intra-European connectivity and damages tourism. A spokesperson for Ryanair today reiterated the airline's call for an intervention:

Today, French ATC are striking for the 38th day in just 3 months with thousands more EU passengers having their flights to see friends and family unfairly cancelled at short notice. While we have no difficulty with French unions exercising their right to strike, we do expect President von der Leyen to do her job and defend and protect EU citizens/visitors fundamental right to the Freedom of Movement, which she and her College of Commissioners have inexplicably failed to do.

"It is completely disproportionate and unfair that the French [Government] can use Minimim Services Legislation to protect internal French flights but force the cancellation of flights over France. President von der Leyen should protect EU citizens/visitors on non-French flights overflying French Airspace from Germany, Spain, Italy, the UK and Ireland. The EUs Single Market for air travel and overflights should not be repeatedly cancelled because the EU Commission fails to take action."

The continuing strikes have resulted in significant delays and cancelations for Europe's airlines. Ryanair is not alone in its situation. British Airways was forced to cancel 8% of its flights recently, as many of the carrier's short-haul services overfly France.

Last month, the low-cost carrier launched a petition to implement policies to protect flights overflying France during the ongoing nationwide strikes. The letter calls for the European Commission to take several immediate actions to protect passengers' rights, both visitors and EU citizens, trying to travel across the continents. As of press time, some 178,348 people have signed the petition. If any petition receives one million signatures from seven different EU countries, the Commission is required to consider it officially.

The petition argues that there are four primary ways that passengers could easily make it to their final destinations without impeding on French ATC unions' right to strike with the following measures:

Ryanair reiterated that it supports the French unions but emphasizes that they can exercise their right to strike without being allowed to close the entire upper French airspace. Air Traffic Controller unions in Spain, Italy, and Greece have previously initiated industrial action while protecting overflights. A spokesperson for the airline labeled it "completely disproportionate and unfair" that internal French flights are protected as overflights from Germany, Spain, Italy, the UK, and Ireland face cancellation.

This is not the first time the airline has brought up the subject of air traffic control reform. Ryanair's Michael O'Leary spoke to Simple Flying in late March on what he views as the failure of President von der Leyen and the EU Commission to protect EU citizens' right to the Freedom of Movement:

"The Commission don't like taking any action. Particularly this commission here led by von der Leyen and Adina Vlean, the transport commissioner, is useless. They've done nothing for three years."

The strikes are part of an ongoing nationwide movement across various industries.

Source: Forbes, Ryanair, Travel Weekly

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Ryanair Calls Out The EU Commission President Over Continued ... - Simple Flying

BERLIN, April 13 (Reuters) - Europe must not turn a blind eye to the tensions between China and Taiwan because a military escalation in the region would be a "worst-case scenario" for the global economy, German Foreign Minister Annalena Baerbock said on Thursday.

Speaking during a visit to China, Baerbock struck a different tone to French President Emmanuel Macron, who warned the European Union last week not to get "caught up in crises that are not ours" with regard to Taiwan.

"Germany and the European Union are economically vulnerable, which means that we cannot be indifferent to the tensions in the Taiwan Strait," Baerbock said - in an audio file provided by her ministry - during a stopover in the Chinese port of Tianjin.

Macron's comments drew a backlash in the United States and Europe as they were widely perceived as taking a weak line on Taiwan and a gift to what analysts called Beijing's goal of dismantling transatlantic unity.

As a result, the stakes of Baerbock's inaugural China trip have risen, with many EU members hoping Germany will use this opportunity to set out a clear and united EU line on China.

"Fifty percent of global trade passes through the Taiwan Strait, 70% of semiconductors pass through the Taiwan Strait, so the free passage is in our economic interest as well," Baerbock underscored.

"A military escalation in the Taiwan Strait ... would be a worst-case scenario globally and affect us as one of the biggest industrial nations in particular," she added of Germany, the EU's largest economy.

Tianjin was Baerbock's first stop on a China trip expected to focus on damage control in the wake of Macron's remarks, which suggested a rift in the EU's approach to the rising superpower.

Even without Macron's comments the visit would have been delicate for Baerbock, who has been more hawkish on China than German Chancellor Olaf Scholz, and is drafting a China policy aimed at reducing German dependence on trade with Beijing.

Baerbock is due to meet her counterpart Qin Gang and China's top diplomat Wang Yi during her two-day trip.

(Reporting by Sabine Siebold, editing by Friederike Heine and Mark Heinrich)

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Baerbock warns Europe against turning blind eye to tensions over Taiwan - Yahoo Finance