Greece proposes the creation of a "European Spectrum Union," through which EU member states could use part of the revenues from future spectrum auctions for 6G mobile networks, directing them to investments in technology.
According to Reuters, the proposal, which was developed by Eurogroup president Kyriakos Pierrakakis and presented to EU ministers, estimates that the initial financing amount could be set at €12-15 billion. The estimate is, however, a planning assumption and not an official valuation or forecast, and does not include possible future contributions from 5G rights.
If adopted by the 27 member states, the model could contribute to financing the European budget for 2028-2034, amounting to €2 trillion, as Brussels seeks new sources of revenue to cover increased needs in defense and competitiveness.
Also on the table are proposals for revenues from CO2 emission rights, imports of products with lower environmental standards, digital services, tobacco products, electronic waste, online gambling and profits from crypto assets.