Communication on ‘a new, modern Multiannual Financial Framework for a European Union that delivers efficiently on its priorities post-2020’

Author (Corporate)
Series Title
Series Details (2018) 98 final
Publication Date 14/02/2018
Content Type

Further information:

This contribution seeks to quantify the financial impact of various possible policy choice. Those are not the Commission's own proposals, but illustrations based on ideas frequently put forward in the public debate. Their purpose is to focus minds, to stimulate discussion and to provide a sound factual basis for making the important choices going forward.

This Communication becomes the Commission's contribution for the debate on the post-2020 MFF held at an informal meeting of the EU heads of state or government on 23 February 2018.

Background information:

Every seven years, the European Union decides about its future finances by setting up its Multiannual Financial Framework. It lays down the maximum annual amounts ('ceilings') which the European Union may spend in different political fields ('headings') over a period of at least 5 years.

The debate on the MFF becomes the time for Leaders to commit financially to the kind of Union they envisage, related to the debate on the future of Europe.

+ ESO Key Source: Multiannual Financial Framework (MFF) 2014-2020

+ White Paper on the Future of Europe, March 2017
+ Reflection paper on the future of EU finances, June 2017
+ Final report on a for a simplified framework for EU funds, July 2017

The European Commission published on 14 February 2018 a Communication setting out different options (and their financial consequences) for the post-2020 long-term EU Budget, the Multiannual Financial Framework (MFF).

Source Link Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2018:098:FIN
Related Links
Reuters, 14.02.18: Next EU budget should be bigger despite Brexit - EU budget commissioner https://uk.reuters.com/article/idUKKCN1FY20R
EurActiv, 16.02.18: Poland critical of linking EU funds to rule of law https://www.euractiv.com/section/central-europe/news/poland-critical-of-linking-eu-funds-to-rule-of-law/
EUObserver, 16.02.18: Baltic states demand bigger EU budget https://euobserver.com/economic/141007
EurActiv: Tag: EU budget 2020-2027 https://www.euractiv.com/topics/eu-budget-2020-2027/
EUObserver [Opinion]: A European budget: securing a prosperous future for Europe https://euobserver.com/opinion/141040
EurActiv, 14.02.18: Oettinger: EU budget should increase despite Brexit funding gap https://www.euractiv.com/section/auditing/news/oettinger-eu-budget-should-increase-despite-brexit-funding-gap/
EUObserver, 14.02.18: Commission urges EU countries to pay more into budget https://euobserver.com/institutional/140988
The Irish Times, 14.02.18: European Commission warns budget choices hard but urgent https://www.irishtimes.com/news/world/europe/european-commission-warns-budget-choices-hard-but-urgent-1.3392308
European Commission: Press Release, 14.02.18: EU long-term budget after 2020: European Commission sets out options – and their consequences http://europa.eu/rapid/press-release_IP-18-745_en.htm

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