| Author (Corporate) | Library of the European Parliament |
|---|---|
| Series Title | Library Briefings |
| Series Details | 19.12.11 |
| Publication Date | 19/12/2011 |
| Content Type | Journal | Series | Blog |
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The next European Union Multi-annual Financial Framework (EU MFF) should start in 2014 and last for seven years (to 2020), with total expenditure of just over €1 trillion. Since the MFF fixes the maximum expenditure and indicates the appropriations (commitment and payment) by major city area, it is a significant political statement of where the EU's budgetary resources will be concentrated over that seven-year period. |
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| Source Link | Link to Main Source http://www.europarl.europa.eu/RegData/bibliotheque/briefing/2011/110244/LDM_BRI(2011)110244_REV2_EN.pdf |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
