A modern budget for a Union that protects, empowers and defends: the Multiannual Financial Framework 2021-2027

Author (Corporate)
Series Details COM (2018) 321
Publication Date 02/05/2018
Content Type , ,

Summary:

Communication adopted by the European Commission on 2 May 2018, providing an overview to a package launching the legislative process as regards the European Union's (EU) Multiannual Financial Framework (MFF) for the period 2021-2027.

Further information:

The Communication provides context to a number of draft laws adopted alongside it by the European Commission:

The proposed budget combines new instruments with modernised programmes, aiming to deliver efficiently on the EU's priorities and to rise to new challenges. It shows how the financing of the budget could be simplified and reformed to forge a stronger link with the political priorities set out by the Union. It also responds to the budgetary consequences of the United Kingdom's (UK) withdrawal from the European Union. The proposals are a result of the debate that followed up the adoption of an earlier Communication, in which the Commission set out options for the forthcoming multiannual EU budget.

A debate on this package of initiatives was held at the European Parliament's plenary session also on 2 May. A non-legislative resolution on the proposals was backed by the plenary session on 30 May. The Parliament adopted its negotiating position on the package in November 2018. Negotiations towards a compromise agreement for the multiannual budget were slow-paced, due to considerable disagreements between institutions and within the Council of the European Union regarding the size and other aspects of the MFF.

Source Link Link to Main Source https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2018:321:FIN
Related Links
Official
EUR-LEX: SWD(2018)171: Staff Working Document accompanying the Communication - Spending review https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD:2018:171:FIN
European Commission: Press Release, 02/05/2018: EU budget: Commission proposes a modern budget for a Union that protects, empowers and defends https://ec.europa.eu/commission/presscorner/detail/en/IP_18_3570
European Commission: Fact Sheet, 02/05/2018: A modern budget for a Union that protects, empowers and defends: Questions and Answers https://ec.europa.eu/commission/presscorner/detail/en/MEMO_18_3621
European Commission: Opening remarks by Jean-Claude Juncker, President of the European Commission at the joint press conference with Commissioner Günther Oettinger following the College meeting on the Multiannual Financial Framework post-2020 (2 May 2018) https://ec.europa.eu/commission/presscorner/detail/en/SPEECH_18_3653
European Parliament: Press Release, 02/05/2018: Post-2020 EU budget plans show purpose, but lack ambition, say MEPs http://www.europarl.europa.eu/news/en/press-room/20180426IPR02611/
European Parliament: Press Release, 02/05/2018: MFF and Own Resources Contact Group declaration on the post-2020 EU budget package http://www.europarl.europa.eu/news/en/press-room/20180502IPR02917/
European Commission: Discours du Président Jean-Claude Juncker à la plénière du Parlement européen sur le Cadre financier pluriannuel pour l'après-2020 (2 May 2018) https://ec.europa.eu/commission/presscorner/detail/en/SPEECH_18_3649
European Parliament: Legislative Observatory: Resolution on the 2021-2027 multiannual financial framework and own resources (2018/2714(RSP)) https://oeil.secure.europarl.europa.eu/oeil/popups/ficheprocedure.do?reference=2018/2714(RSP)
European Parliament: Press Release, 30/05/2018: Parliament challenges Commission over scale of cuts http://www.europarl.europa.eu/news/en/press-room/20180524IPR04231/
European Parliament: Legislative Observatory: Interim report on MFF 2021-2027 – Parliament’s position in view of an agreement (2018/0166R(APP)) https://oeil.secure.europarl.europa.eu/oeil/popups/ficheprocedure.do?reference=2018/0166R(APP)

News
The New York Times, 01/05/2018: As Poland and Hungary Flout Democratic Values, Europe Eyes the Aid Spigot https://www.nytimes.com/2018/05/01/world/europe/poland-hungary-european-union-money.html
BBC News, 02/05/2018: EU budget: Plans for farm subsidy cuts but more on security http://www.bbc.co.uk/news/world-europe-43968777
EurActiv, 02/05/2018: Commission’s ‘realistic’ budget criticised by member states https://www.euractiv.com/section/future-eu/news/commissions-realistic-budget-criticised-by-member-states/
EurActiv, 02/05/2018: Regions and cities worried about cohesion cuts, co-finance and ESF https://www.euractiv.com/section/economy-jobs/news/regions-and-cities-worried-about-cohesion-cuts-co-finance-and-esf/
Politico, 02/05/2018: Commission wants bigger budget for smaller EU https://www.politico.eu/article/european-commission-proposes-eu-budget-cap-multiannual-financial-framework-guenther-oettinger/
EUObserver, 02/05/2018: Commission launches seven-year budget 'bargaining' https://euobserver.com/institutional/141732
Politico, 03/05/2018: Oettinger: Criticism of EU budget plan means I’m right https://www.politico.eu/article/oettinger-criticism-of-eu-budget-plan-means-im-right/

Commentary and Analysis
Politico, 03/05/2018: Juncker’s EU budget plan risks eurozone turf war https://www.politico.eu/article/jean-claude-juncker-eu-budget-plan-risks-eurozone-turf-war-mff/
The Economist, 05/05/2018: The EU’s budget is being dragged into the 21st century https://www.economist.com/europe/2018/05/05/the-eus-budget-is-being-dragged-into-the-21st-century
EUObserver, 09/05/2018: EU budget must not fortify Europe at expense of peace https://euobserver.com/opinion/141775

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