Group in the European Parliament

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30 April 2026

EU budget expansion, new taxes and the CO2 reform

The European Parliament backed a massive increase of the EU budget to over €2 trillion, including new EU-wide taxes. ESN criticised the move, warning of growing burdens on taxpayers, more bureaucracy and a widening gap between EU policy and economic reality.
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EU budget expansion, new taxes and the CO2 reform — graphic of the ESN Group in the European Parliament

CO₂ reform & protection from price shocks

Parliament voted on changes to the CO₂ market. ESN supported safeguards against extreme price spikes, stressing that citizens must be protected from rising heating and fuel costs while continuing to reject the ETS2 system overall.

Chemicals package: simplification questioned

The Chemicals Omnibus aims to reduce bureaucracy, but ESN warned that parts of the deal create new regulatory burdens—especially for farmers and small businesses—undermining true simplification.

€90 billion Ukraine loan controversy

ESN criticised the Commission for refusing to answer key questions on a planned €90 billion loan to Ukraine. Concerns were raised over transparency, legal basis and democratic oversight.

Fisheries policy under fire

ESN warned that EU fisheries are shrinking while imports rise. The debate criticised excessive regulation and attempts to export EU policies globally despite internal failures.

Pressure on member states

Concerns were raised about political and financial pressure being used against member states, warning that such practices risk undermining trust in democracy across the EU.

Growing criticism of EU economic direction

ESN highlighted increasing frustration over rising regulation and declining competitiveness, arguing that EU policy is drifting away from the needs of citizens and businesses.

Debate on Russian athletes

The exclusion of Russian athletes from major sporting events was sharply criticised, warning against collective punishment, double standards and the politicisation of sport.