The parliamentarians are expected to call for a significantly more ambitious long-term EU budget to match EU citizens' expectations in an increasingly complex global landscape. They are likely to argue that the current budget ceiling of 1% of the EU-27’s gross national income is insufficient to respond effectively to the growing range of crises and challenges.

The&nbsp;text&nbsp;prepared by the Budgets Committee highlights that the United States’ retreat from its global role means EU spending will now have to address Russia’s war of aggression against Ukraine, in addition to a highly challenging economic and social backdrop, a competitiveness gap, and the worsening climate and biodiversity crisis.

Parliament’s priorities for the next long-term EU budget are designed to feed into the Commission’s proposal on the next MFF, due to&nbsp;&nbsp;be unveiled in July.

The EU’s 2021-2027 long-term budget, together with the NextGenerationEU recovery instrument, amounts to €2.018 trillion in current prices (€1.8 trillion in 2018 prices).&nbsp;The package consists of the long-term budget, the 2021-2027 multiannual financial framework, made up of €1.211 trillion in current prices (€1.074 trillion in 2018 prices), combined with the temporary recovery instrument, NextGenerationEU, of €806.9 billion (€750 billion in 2018 prices).

own resources (T)

Multiannual financial framework 2021-2027 (T)

9th parliamentary term

Coronavirus outbreak (T)

Recovery plan for Europe (T)

recovery and resilience facility (T)

EU Multiannual Financial Framework 2021-2027

EP Plenary session - Joint debate - Common provisions and Cohesion policy

EP Plenary session -  State of play of the implementation of the Own Resources roadmap

Infoclip: Employment - Illustrations of jobs in various sectors (car industry, food, distribution, transports and more)

EP Plenary session - Just Transition Fund

EP Plenary session - Union Anti-Fraud Programme 2021-2027

EP Plenary session - Citizens, Equality, Rights and Values Programme 2021-2027

EP Plenary session - European Globalisation Adjustment Fund (EGF) 2021-2027

EP Plenary session - The Reform of EU Own Resources

Infoclip: InvestEU – climate and energy projects

Press briefing by Nicola PROCACCINI (ECR, IT) and Patryk JAKI (ECR, PL), ECR Group Co-Presidents

Press briefing by Manfred WEBER (EPP, DE), EPP Group President

Multi-Financial Framework Contact Group

The Multiannual Financial Framework

Conference of Presidents: Exchange of views with Ursula VON DER LEYEN, EC President on the post-2027 Multiannual Financial Framework

Revamped long-term budget for the Union

Meeting of the EP Conference of Presidents in the presence of Ursula VON DER LEYEN, President of the European Commission

Press conference - Outcome of the MFF revision vote

Voting session, including vote on climate neutrality and ECB annual report

State of the European Union - #SOTEU2025: statement by Ursula von der LEYEN, President of the European Commission (part 4 - Economic competitiveness and Innovation)

Council and Commission statements - The EU’s post-2027 long-term budget: MEPs debate part 2

Infoclip: European economy and long-term budget

Press conference by Roberta METSOLA, EP President, Siegfried MUREŞAN (EPP, RO) and Carla TAVARES (S&D, PT), co-rapporteurs on the next EU long-term budget (MFF): outcome of the vote on Parliament's priorities

Infoclip: EU long-term budget and EU funded projects

Voting session

Voting session: MMF for the years 2021 to 2027 and Ukraine Facility

Press conference by Jan OLBRYCHT (EPP, PL) and Margarida MARQUES (S&D, PT), co-rapporteurs on the Outcome of the MFF revision vote

Joint debate - MFF revision: opening statements by rapporteurs and Mathieu MICHEL, Belgian State Secretary and Johannes HAHN, European Commissioner for Budget and Administration

Joint debate - MFF revision: Closing statement by Margarida MARQUES and Jan OLBRYCHT, Rapporteurs and by Johannes HAHN, European Commissioner for Budget and Administration

Joint debate - MFF revision: MEPs debate

Press conference by Roberta METSOLA, EP President, Jan OLBRYCHT (EPP, PL) and by Margarida MARQUES (S&D, PT), MFF co-Rapporteurs on the Reform of the EU's long-term budget MFF: outcome of the vote on Parliament's interim report

Mid-term revision of the Multiannual Financial Framework 2021-2027: MEPs debate (part 2)

Mid-term revision of the Multiannual Financial Framework 2021-2027: MEPs debate (part 1)

Mid-term revision of the MFF 2021-2027: opening statements by Pascual NAVARRO RÍOS, Spanish Secretary of State for the European Union, Jan OLBRYCHT (EPP, PL) and by Margarida MARQUES (S&D, PT), Rapporteurs and by Johannes HAHN, European Commissioner

Press conference by Jan OLBRYCHT (EPP, PL) and Margarida MARQUES (S&D,PT), rapporteurs, on the Commission's proposals for the MFF revision

EU response to the US Inflation Reduction Act: MEPs debate

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