Ms Emily Wigens:

To make one additional point, the next MFF proposal will be coupled with a package of measures called own resources. That would be new revenues that would enter the EU budget. That is another opportunity for us to look at how we can grow the overall pie when we know there are existing financial pressures on member states. This is another area where we have to collectively encourage more ambition, whether it is looking at things such as a financial transaction tax that could raise tens of billions each year that could be used to finance the EU’s priorities, including externally. That is just one example but there are many examples out there. Those are some of the things that we need to think about parallel to the contributions member states make from their domestic budgets. That is the way we need to go to grow the overall pie and make sure we are able to invest in a range of priorities and not limit ourselves to, say, the more internal ones because that would be a false economy.