Written by Alessandro D’Alfonso (1st edition),
On 20 June 2019, the European Council examined the progress of work in the Council on the Commission proposal for the long-term design of the post-2020 EU budget. The European Council now aims to reach an agreement among Heads of State or Government before the end of 2019. Elements for consideration in the draft regulation, which is part of a broader package of proposals, include the following features of the new multiannual financial framework (MFF): total resources, structure, priorities, flexibility provisions, and revision clauses. The European Parliament has already detailed its negotiating position in November 2018, with a view to contributing to a smooth transition to the next MFF and its related EU spending programmes as of 2021.
- June 2019: ‘Multiannual financial framework for the years 2021 to 2027: The future of EU finances‘ (1st edition)
|Proposal for a Council regulation laying down the multiannual financial framework for the years 2021 to 2027|
|Committee responsible:||Budgets (BUDG)||COM(2018) 322, 2.5.2018.|
|Rapporteurs:||Jan Olbrycht (EPP, Poland)
Isabelle Thomas (S&D, France)
|Shadow rapporteurs:||Gérard Deprez (ALDE, Belgium)
Liadh Ní Riada (GUE/NGL, Ireland)
Marco Valli (EFDD, Italy)
|Special legislative procedure (APP) (Consent – Unanimity in the Council. The Parliament has the power to accept or reject the Council’s position on the proposal)|
|Next steps expected:||Agreement of Council position and request for Parliament’s consent to its adoption|
Visit the European Parliament homepage on the EU’s long term budget 2021-2027.