The Multiannual Financial Framework (MFF) sets the maximum level of resources (‘ceiling’) for each major category
(‘heading’) of EU spending for a period of seven years. In addition to a financial plan, it sets the EU’s long-term priorities. With the 2014-2020 MFF nearing its end, the EU is now in negotiations on the next long-term budget. In May 2018, the European Commission presented a package of legislative proposals for the 2021-2027 MFF. Equivalent to 1.11 % of EU-27 gross national income (GNI), it takes into account the initiatives to which the Member States committed in the Bratislava and Rome declarations, as well as the loss of a major contributor due to the United Kingdom’s withdrawal from the EU. The European Parliament considers the proposal insufficient, given all commitments and priorities, and estimates that the MFF ceiling should amount to 1.3% of EU-27 GNI. The Member States’ views on both the size and other aspects of the future MFF diverge, and the Council has not yet agreed its position. EU leaders are expected to take the next important decisions on the matter during the first half of 2020.
The resources proposed for the 2021-2027 MFF are distributed across seven headings, representing the EU’s longterm priorities. They include spending programmes and funds that are the basis for the implementation of the EU budget.