@GregSorgi

Economics reporter at @POLITICOEurope

 London, England
Joined June 2017
  • Tweets825
  • Following1.3K
  • Followers1.7K
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The frugals are in a tight spot. They asked for mega cuts, and all the cuts they got hit their favorite policies Cuts to cohesion and agri won't become any easier with time, so there's a real risk that final MFF will be smaller & a lot less modern
Jessica Rosencrantz
@Rosencrantz_JOct 10
The new MFF negotiating box is unreasonable. The overall volume must come down significantly. The numbers that have been put on the table still present a wildly unaffordable increase and we are therefore nowhere near an agreement. Sweden will continue to fight for a better budget, not a bigger one.
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Key takeaways from my #MFF interview w/t Costa: - Own resources must target € not being collected domestically - EU tobacco tax must focus on new products (vapes) - Crypto tax has strong potential - Budget cuts are no-go for many govts' Full story 👇 politico.eu/article/eu-budge…

EU budget needs taxes governments aren’t already raising, Costa says

The European Council president spoke to POLITICO after visiting 25 capitals, and urged EU governments to soften red lines to secure a budget deal.

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Takeaways for the day for MFF watchers: 1) Strong support for CBAM/e-waste own resources 2) Other options face strong opposition 3) Govts' need to quantify how much € they want to generate 4) Govts' must propose changes to Comm proposals More info 👇 politico.eu/article/ireland-…

Ireland hails EU tax agreement on carbon imports and electronic waste

Dublin noted strong opposition among government towards an EU corporate and tobacco levy.

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Ali Walker@AliWalker24Aug 29
🚨 New and exclusive: Our reporting identifies Italian lawyer Mario Gallavotti — a top aide to President Gianni Infantino — as exercising vast, murky influence across FIFA's most sensitive political and commercial files. (See 🧵 below.) Story with @GregSorgi and Giulia Poloni.
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Martyn Ziegler
@martynzieglerJul 30
This is actually real:
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Sophia Cai
@SophiaCai99Jul 29
New: European soccer officials are considering Qatari sports executive Nasser al-Khelaifi as a potential challenger to Gianni Infantino in next year’s election for FIFA president. w/ @AliWalker24 politico.com/news/2026/07/29…

European soccer officials eye Qatari sports executive to challenge Infantino

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Andy Burnham
@andyburnhamJul 28
Let me say this very directly. Football does not belong to investors. It belongs to the people who fill the stands and who stand on the touchline week in, week out, rain or shine. The World Cup is not a product. It is the greatest competition in world sport, and it was never anyone's to sell. Dress the deal up however you like. Once you have sold a piece of it, you have sold out. Football belongs to the fans. It always has, and it always will.
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Rumors of a watered-down CORE tax were quickly dismissed in Berlin "Is it worth the trouble?" said an EU diplo familiar w/t Merz’s thinking It reinforces concerns that CORE is too discredited to be saved by tweaks Full story w/t @vonderburchard politico.eu/article/commissi…

Commission eyes changes to big business tax to unlock budget deal

Business lobbies and national governments have criticized a levy on companies with a turnover above €100 million.

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POLITICOEurope
@POLITICOEuropeJul 17
EXCLUSIVE: U.S. tech giant Google will inadvertently help fund the EU’s coffers as the European Commission plans to put its multibillion-euro fine toward the bloc’s central budget. 🔗 politico.eu/article/google-m…
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Joseph S Blatter
@SeppBlatterJul 6
Red cards are not overturned by political phone calls. They are overturned by rules, evidence and independent bodies. If a U.S. President intervenes with the FIFA President — and a player is suddenly cleared before a World Cup knockout match — the question is unavoidable: Quo vadis, FIFA? Football must never become a playground for political power. #FIFA #WorldCup #GianniInfantino #DonaldTrump
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NEW: Macron tasked his officials to find new taxes to finance the EU's next €2T budget Exclusive story 👇 politico.eu/article/france-h…

France hunts for new EU taxes to fund €2T budget

Paris is looking for fresh levies on foreign companies in order to reduce national contributions to the bloc’s budget.

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NEW: EU Big Six reach deal on key markets package in Berlin Key compromise is to expand ESMA powers “as soon as possible” (ie: no timeline) Detailed statement will come out tmrw politico.eu/pro/eus-big-six-…

EU’s big six reach deal on key markets package

28 May 2026 - Pro Alert - By Gregorio Sorgi

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EXC: EU forecasts €13B budget return from new gambling tax for 2028-2034 budget Potential levies on crypto firms and U.S. tech giants are estimated to respectively generate around €20 billion and €35 billion in seven years Full story 👇 pro.politico.eu/news/219090

EU forecasts €13B budget return from new gambling tax

28 May 2026 - Pro Article - By Gregorio Sorgi

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Charlie Cooper@CharlieCooper8May 21
EU warns UK that Iran energy price shock should not be used as an excuse to water down sanctions on Russia For a long time, UK's been out ahead of EU in the strength of its Russia sanctions regime. On this one they're looking like laggards w/ @GregSorgi politico.eu/article/eu-surpr…

EU complains about ‘surprise’ UK move to roll back Russia sanctions

“Now is not the time to roll back sanctions against Russia,” said Valdis Dombrovskis.

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NEW: Commission cleared Spain of misusing EU post-Covid funds in letter to Parliament Brussels poured cold water on Spanish auditors claiming that govt used EU money to finance pensions “They do not call into question the lawful use of NextGenerationEU funds under EU law”
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POLITICOEurope
@POLITICOEuropeMay 10
Expanding joint EU debt issuance would save governments billions of euros in borrowing costs, former Italian Prime Minister Enrico Letta tells POLITICO in an interview. politi.co/4d30voM

EU grandee backs joint debt to save taxpayer cash

Former Italian PM says EU countries would profit from lower borrowing costs from bloc-wide debt.

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🚨Will Magyar save Hungary’s €10B EU recovery funds by August? Negotiators are looking at loopholes: transferring € to national bank; dropping loans; merging projects w/t regular EU funds Details in this story by @zoyashef @MaxGriera and me 👇🏻 politico.eu/article/hungary-…

Hungary’s Magyar meets von der Leyen to game-plan unlocking frozen EU funds

Budapest’s next government is drawing up a fast-track reform plan to claim billions in EU cash.

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NEW: Russian oil finally arrived to Hungary via Druzhba pipeline at 12:55 p.m., says Hungarian official It clears the last hurdle to approve EU's €90 billion to Ukraine after months of difficult negotiations
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NEW: Eurostat confirms Italy's deficit at 3.1 percent ... Big setback for Meloni's goal to leave excessive deficit procedure in 2026 ec.europa.eu/eurostat/web/pr…

Euro area government deficit at 2.9% and EU at 3.1% of GDP

Overview In the euro area (EA20) the government deficit to GDP ratio decreased from 3.0% in 2024 to 2.9% in 2025. In the EU, it remained unchanged at 3.1%, the same level as in 2024. In the euro area...

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Hungarian opposition leader Péter Magyar has pledged to claw back €17B EU payouts in record time if he wins the election. It won’t be easy. Full story 👇 politico.eu/article/peter-ma…

Orbán’s rival faces uphill battle to unfreeze €17B in EU funds

Péter Magyar has pledged to claw back EU payouts in record time if he wins the election. It won’t be easy.

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