you're reading...
EU Financing / Budgetary Affairs, PUBLICATIONS

Multiannual financial framework for the years 2021 to 2027: The future of EU finances [EU Legislation in Progress]

Written by Alessandro D’Alfonso (1st edition),

Budget auf Münzenstapel

© magele-picture / Fotolia

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.


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

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.

Or The EU’s long term budget explained.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download the EPRS App

EPRS App on Google Play
EPRS App on App Store
What Europe Does For You
EU Legislation in Progress
Topical Digests
EPRS Podcasts

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 3,443 other followers

RSS Link to Members’ Research Service

Disclaimer and Copyright statement

The content of all documents (and articles) contained in this blog is the sole responsibility of the author and any opinions expressed therein do not necessarily represent the official position of the European Parliament. It is addressed to the Members and staff of the EP for their parliamentary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy.

For a comprehensive description of our cookie and data protection policies, please visit Terms and Conditions page.

Copyright © European Union, 2014-2019. All rights reserved.

%d bloggers like this: