Members' Research Service By / March 4, 2026

System of own resources Multiannual financial framework 2028-2034 [EU Legislation in Progress]

Article 311(2) of the Treaty on the Functioning of the European Union (TFEU) stipulates: ‘Without
prejudice to other revenue, the budget shall be financed wholly from own resources’.

System of own resources Multiannual financial framework 2028-2034 [EU Legislation in Progress]
© European Union 2025 - Source : EP / Laurie DIEFFEMBACQ

Written by Alina Dobreva.

CONTEXT

On 16 July 2025, the European Commission adopted its proposal for the 2028-2034 multiannual financial framework (MFF), which was completed on 3 September with the adoption of a second package. The own resources part of the proposal is intended to equip the EU with a diversified revenue stream and sufficient means for delivering on EU priorities, as well as for the repayment of the debt created by Next Generation EU.

Legislative proposal

2025/0574 (CNS) – Proposal for a Council decision on the system of own resources of the European Union and repealing Decision (EU, Euratom) 2020/2053 – COM(2025) 574, 16.7.2025.

NEXT STEPS IN THE EUROPEAN PARLIAMENT

For the latest developments in this legislative procedure, see the Legislative Train Schedule: 2025/0574 (CNS)

Read the complete briefing on ‘System of own resources: Multiannual financial framework 2028-2034‘ in the Think Tank pages of the European Parliament.

Categories: EU Financing / Budgetary Affairs, PUBLICATIONS Tags: , , , , , , ,
Members' Research Service

The central task of the Members Research Service is to ensure that all Members of the European Parliament are provided with analysis of, and research on, policy issues relating to the European Union, in order to assist them in their parliamentary work.
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