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EU Financing / Budgetary Affairs

This category contains 112 posts

Protecting the EU budget against generalised rule of law deficiencies [EU Legislation in Progress]

On 3 May 2018 the Commission put forward a proposal for a regulation on the protection of the Union’s budget in the event of generalised deficiencies as regards the rule of law in a Member State. Continue reading

Instrument for Pre-accession Assistance (IPA III) [EU Legislation in Progress]

On 14 June 2018, the European Commission published a proposal for a regulation establishing the Instrument for Pre-accession Assistance (IPA) III as part of a set of external action instruments under the new 2021 to 2027 multiannual financial framework (MFF). Continue reading

Own resources of the European Union: Reforming the EU’s financing system [EU Legislation in Progress]

The EU budget is financed by the system of own resources and cannot run a deficit. The current system provides sufficient revenue to cover EU expenditure, but has often been criticised as opaque and unfair. Continue reading

A new neighbourhood, development and international cooperation instrument: Proposal for a new regulation [EU Legislation in Progress]

In the context of the Commission’s proposal for a multiannual financial framework (MFF) for the 2021-2027 period, the Commission published a proposal for a regulation establishing the Neighbourhood, Development and International Cooperation Instrument (NDICI) on 14 June 2018. Continue reading

Connecting Europe Facility 2021-2027: Financing key EU infrastructure networks [EU Legislation in Progress]

Strong, modern, and reliable infrastructure is essential to secure jobs, growth and competitiveness in the European Union. Given this need, the EU supports the development of high-performing, sustainable and interconnected trans-European networks in three areas: transport, energy and digital infrastructure. Continue reading

Public opinion and the EU budget – Who supports the EU budget?

This briefing analyses public opinion surveys related to the EU budget, in particular citizens’ preferences for greater EU financial means and their evaluation of the EU budget as ‘good’ or ‘poor’ value for money. Continue reading

Post-2020 multiannual financial framework

If you are looking for a comprehensive source of information, analysis and infographics on the preparation of the EU’s post-2020 multiannual financial plan, you are in the right place. This blog post will lead you through a collection of publications, prepared by researchers at the European Parliamentary Research Service, covering the proposals on the EU multiannual financial framework for 2021-2027 and own resources as well as all proposed sector-specific acts for new and continued programmes and funds. Continue reading

European Maritime and Fisheries Fund 2021-2027 [EU Legislation in Progress]

As part of the next EU budget framework for the 2021-2027 period, the European Commission published its proposal for a regulation on the European Maritime and Fisheries Fund (EMFF) on 12 June 2018. Continue reading

Reform Support Programme 2021 2027 [EU Legislation in Progress]

The European Commission adopted the proposal on the establishment of the Reform Support Programmeon 31 May 2018, as part of the package for the upcoming multiannual financial framework for 2021-2027. The programme will provide financial and technical support for Member States to implement reforms aimed at increasing the resilience and modernising their economies, including priority reforms identified in the European Semester. Continue reading

2021-2027 multiannual financial framework and new own resources: Analysis of the Commission’s proposal

This in-depth analysis is a follow-up to the EPRS briefing ‘Post-2020 MFF and own resources – Ahead of the Commission’s proposal’, published in April 2018, shortly before the Commission published its proposals for a multiannual financial framework (MFF) for the 2021-2027 period and a new system of own resources. It provides an assessment of some of the proposals’ most important elements, as well as an overview of how they respond to a series of issues raised by the European Parliament. Continue reading

Mechanism to resolve legal and administrative obstacles in a cross-border context [EU Legislation in Progress]

Often isolated, and with generally poorer access to public services, the EU’s border regions face a unique set of challenges. This has been recognised under Article 174 of the Treaty on the Functioning of the European Union, which provides that particular attention should be paid to cross-border regions when developing action to strengthen the EU’s economic, social and territorial cohesion. Yet while the EU has provided significant support over the years, particularly within the framework of European territorial cooperation, helping to strengthen connectivity and create new growth and jobs, numerous obstacles continue to hamper cross-border cooperation. Continue reading

EU Multiannual Financial Framework [What Think Tanks are thinking]

The European Commission has made proposals for the new long-term budget and on own resources for the European Union. The Multiannual Financial Framework (MFF) for 2021-2027 is slightly bigger than the current MFF, in constant prices. Continue reading

Post-2020 MFF and own resources: Ahead of the Commission’s proposal

On 2 May, the Commission is expected to publish proposals for a new multiannual financial framework (MFF) for the European Union for the years after 2020, as well as for a new system of own resources (OR) to provide the EU with the means to finance its annual budgets. Continue reading

European political parties and political foundations – Statute and funding [EU Legislation in Progress]

On 13 September 2017, the European Commission adopted a proposal to amend the rules on the statute and funding of European political parties and European political foundations. The proposal aims to revise the existing, 2014, regulation ahead of the 2019 European elections, to address specific loopholes. The proposed amendments focus on providing more transparency, improving democratic legitimacy and strengthening enforcement. Continue reading

Performance budgeting: A means to improve EU spending

In 2015, the European Commission launched an initiative entitled, ‘The EU budget focused on results’. The initiative is aimed at changing spending culture and making results a horizontal priority for the EU budget, by paying as much attention to funds’ performance, efficiency and effectiveness as to their absorption and compliance with financial rules. Continue reading

The long-term EU budget [What Think Tanks are thinking]

European Union leaders agreed at their informal meeting on 23 February that the EU should spend more after 2020 on curbing illegal migration, on defence and security, and on the Erasmus+ student-exchange programme. Continue reading

Guarantee Fund for External Action and EIB external lending mandate [EU Legislation in Progress]

In response to a sharp increase in the number of people trying to migrate to Europe illegally, and as part of the mid-term review of the European Investment Bank’s external lending mandate (ELM), the Commission has proposed an external investment plan to tackle the root causes of migration from countries neighbouring the European Union, consisting of a European Fund for Sustainable Development (EFSD) and quantitative and qualitative changes to the ELM. Continue reading

How the EU budget is spent: Galileo and EGNOS [Policy podcast]

The current EU multiannual financial framework (MFF) for the 2014 to 2020 period allocates €7 071.73 million to deliver and to ensure the security and interoperability of two EU satellite navigation systems: the European geostationary navigation overlay service (EGNOS), and Galileo. The rules for both systems are set out in Regulation (EU) No 1285/2013 (the ‘GNSS Regulation’). Continue reading

The EU’s next long-term budget [What Think Tanks are thinking]

European Union Member States and institutions are preparing to embark on negotiations on the EU’s next long-term budget, or Multiannual Financial Framework (MFF), that will cover five or seven years, starting in January 2021. Continue reading

Economic and Budgetary Outlook for the European Union 2018

In 2017, the EU and euro-area economies continued their moderate growth (slightly over 2 %) in a context of global improvement (3.5 %) underpinned by a strong rebound in world trade, continuing growth in China and a return to growth in countries such as Brazil and Russia. Continue reading

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