EU revises its budget framework for 2014-2020 to meet new priorities

Author (Corporate)
Series Title
Series Details 20.06.17
Publication Date 20/06/2017
Content Type

The Multi-annual financial framework, or MFF regulation sets out annual maximum amounts which the EU is allowed to spend on different policy areas over the period from 2014 to 2020. It translates political priorities into figures, ensures budgetary discipline for the EU and facilitates the adoption of the annual EU budget. On 20 June 2017, the Council adopted a revised EU budgetary framework for 2014-2020, the main purposes of which are boosting jobs and growth, addressing the migration crisis, and strengthening its capacity to react to unexpected events.

Source Link Link to Main Source http://www.consilium.europa.eu/en/press/press-releases/2017/06/20-budget-framework-2014-2020/
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