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EU Multiannual Financial Framework 2021-2027

Event date: 15/02/2018

EU Multiannual Financial Framework 2021-2027

There have been five multiannual financial frameworks (MFFs) to date. The Treaty of Lisbon transformed the MFF from an interinstitutional agreement into a legally binding act. Established for a period of at least five years, an MFF must ensure that the Union’s expenditure develops in an orderly manner and within the limits of its own resources, and sets out provisions with which the annual budget of the Union must comply, thus laying down the cornerstone of financial discipline.

 

Both Parliament and the Commission have signalled that they are ready to make an effort to reach agreement on the package before the May 2019 European elections. Meeting this deadline would help allow the new programmes to start without delay on 1 January 2021. However, on 13-14 December 2018, having conducted the first substantial exchange of views on the matter, the EU leaders called on the Romanian presidency to continue work at the level of the Council with a view to achieving an agreement only in autumn 2019.

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News history

MEPs debate on the ommon provisions on the European Regional Development Fund, the European Social Fund Plus, the Cohesion Fund, and the European Maritime and Fisheries Fund and financial rules for those

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MEPs adopt their negotiating position on the next EU long-term budget, including a breakdown of the amounts foreseen for each EU programme

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MEPs debate and vote on a resolution giving their view on the EU Commission’s recent proposal for the next long-term EU budget (2021-2027)

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MEPs debate fresh proposals for the EU’s post-2020 long-term budget and revenue reform with Jean-Claude JUNCKER, President of the EC

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MEPs debate their draft negotiating position for the EU’s next long-term EU budget. The EU should boost research programmes and support young people and small firms.

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On 21 February, the co-rapporteurs will present draft compromises amendments on two reports in the framework of the EU's next Multiannual Financial Framework (MFF): "Preparing the Parliament’s position on the MFF post-2020" and "The Reform of the EU system of Own Resources". The vote in committee on both reports takes place the following day, 22 February.

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Videos

HD
Video. Duration: 01:1401:14

Making Europe's budget future-proof

News  -  08/03/2018
HD
Video. Duration: 00:5900:59

MFF: an EU budget framework for the future

Background  -  06/03/2018

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