To achieve our progressive goals, the EU long-term budget for 2021-2027 needs to be ambitious and respect a clear and positive long-term vision of the Union’s future. 

In order to respond to the needs, concerns and expectations of the European citizens, the budget will need to provide the Union with the necessary financial means to face important challenges and attain its political priorities and objectives over the next 7-year period. It is not acceptable to weaken the main EU solidarity policies through drastic cuts. The EU must deliver on its commitment to implement the European Pillar of Social Rights and to be a frontrunner in implementing the UN Sustainable Development Goals (SDGs). The mainstreaming of the SDGs into all EU policies and initiatives of the next long-term budget is therefore important. To meet the new European challenges new own resources are necessary to fit the EU budget. They could reduce the share of current national contributions. 

11. We want the economy to grow in a way that benefits all. It must be the engine that will bring positive social, industrial and environmental changes. Our economic model offers the flexibility to deal with these challenges. It provides the financial means to make the right investment choices. It is responsible towards current and future generations. As the Party of European Socialists, we are ready to take on this challenge for a real progressive Europe that creates shared prosperity. 

In this resolution we have focused particularly on our priorities for a progressive economy. It goes hand-in-hand with the other resolutions for this PES Congress, which reaffirm our commitment and plan for a social Europe, empowering youth, a healthy environment and modern industries, true gender equality, a fair world, progressive asylum and migration policies, and a stronger democracy in Europe.