Regulation (EU) 2019/516 on the harmonisation of gross national income at market prices

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Series Details L 91
Publication Date 29/03/2019
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Summary:

Regulation of the European Parliament and of the Council of 19 March 2019 updating Directive 89/130/EEC, Euratom and Regulation (EC, Euratom) No 1287/2003 (the GNI Regulation).

Further information:

Gross national income (GNI) constitutes the basis for calculating the largest share of own resources in the budget of the European Union. Regulation (EC, Euratom) No 1287/2003 on the harmonisation of gross national income at market prices (the ‘GNI Regulation’) lays down the statistical basis for calculating and verifying GNI statistics for own resources.

The European Commission considers it necessary to revise the GNI Regulation for the following reasons:

  • Decision 2014/335/EU, Euratom on the system of own resources of the European Union states that for own resources purposes the GNI of Member States shall be defined in accordance with Regulation (EU) No 549/2013 on the European system of national and regional accounts in the European Union (ESA 2010).
  • ESA 2010 was adopted on 21 May 2013 and in September 2014 became the new standard for calculating national accounts in the EU. This replaces Regulation (EC) No 2223/96 on the European system of national and regional accounts in the Community (ESA 95).
  • The European Court of Auditors' Special Report No 11/2013 "Getting the Gross National Income (GNI) data right: a more structured and better-focused approach would improve the effectiveness of the Commission’s verification" made a number of recommendations on ways to improve this work.
  • The Commission's Communication on the production method of EU statistics: a vision for the next decade lays down, inter alia, proposals for integrating statistical production processes, such as harmonising the transmission dates for national accounts data and building them into a single IT system.
  • Because GNI data is used for purposes other than own resources and in order to maintain statistical integrity, a different legal basis for the production of statistics, Article 338(1) TFEU, is deemed to be more appropriate than the existing legal basis, Decision 2000/597/EC, Euratom on the system of the Communities' own resources, which, in any case, was repealed.
  • The European Statistical System (ESS) has decided to concentrate its comitology powers in one committee, the European Statistical System Committee (ESSC); this means that the current GNI Committee should be replaced by a formal expert group.
Source Link https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2019.091.01.0019.01.ENG
Related Link(s)
EUR-Lex: COM(2017)329: Proposal for a Regulation on the harmonisation of gross national income at market prices (GNI Regulation) https://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2017:329:FIN

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