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EU Financing / Budgetary Affairs

This category contains 153 posts

EU budgetary and financial response to the coronavirus crisis

Within the limits of its powers, the EU has acted quickly to tackle the coronavirus pandemic and its consequences. Continue reading

Discharge procedure for the EU Budget: Political scrutiny of budgetary implementation

The European Commission is ultimately responsible for the execution of the European Union’s budget. However, the process also involves a range of other players, including Member States, to which the Commission delegates implementing tasks relating to a significant share of the budget. Continue reading

Outcome of the European Council video-conference of 23 April 2020

At the European Council’s video-conference meeting on 23 April, EU leaders demonstrated greater willingness to achieve a coordinated response at EU-level to face the coronavirus crisis than had previously been the case. Continue reading

Outlook for the European Council video-conference of 23 April 2020

The European Council video-conference meeting on 23 April 2020 is expected to shift EU leaders’ attention away from immediate and short-term priorities, such as limiting the spread of the coronavirus, to a longer-term strategic approach focused on a recovery strategy for the European Union, and the financing thereof. Continue reading

European Green Deal Investment Plan: Main elements and possible impact of the coronavirus pandemic [Policy Podcast]

The von der Leyen Commission launched the European Green Deal as the new growth strategy of the European Union (EU), with a view to promoting the transition to a climate-neutral economy by 2050. Confirming the importance of financial resources for such a major objective, its investment pillar was the first initiative of the strategy to be presented. Continue reading

Temporary support to mitigate unemployment risks in an emergency (SURE)

The coronavirus pandemic (COVID-19) is having a major negative impact on employment. As part of the EU’s response to the crisis, the European Commission has proposed the creation of SURE, a temporary instrument to complement national efforts to protect employees and the self-employed from the risk of unemployment and loss of income. Continue reading

Amendment of the 2014-2020 MFF regulation. Using the global margin for commitments to finance measures in the healthcare sector under the Emergency Support Instrument

On 2 April 2020, as part of the EU response to the needs resulting from the coronavirus outbreak, the European Commission proposed to activate the Emergency Support Instrument and reinforce the Union Civil Protection Mechanism (rescEU). Continue reading

Charles Michel as President of the European Council: The first 100+ days

On 1 December 2019, Charles Michel, previously prime minister of Belgium, became the third President of the European Council. He began his term in dynamic mode, aiming to make his mark in foreign affairs and develop the EU’s interinstitutional relations. Continue reading

Outcome of the special European Council, 20-21 February 2020

On 20-21 February 2020, EU Heads of State or Government held their first meeting specially dedicated to the 2021-2027 Multiannual Financial Framework (MFF) since the publication of the European Commission’s proposal in May 2018. Continue reading

The European Council and the 2021-27 Multiannual Financial Framework

EU Heads of State or Government will meet on 20 February 2020 for a special European Council meeting to discuss the 2021-2027 Multiannual Financial Framework (MFF). Both the Sibiu Declaration of EU Heads of State or Government and the 2019-24 Strategic Agenda state that ‘the EU must give itself the means to match its ambitions, attain its objectives and carry through its policies’. Continue reading

Financing the EU’s administration: Heading 7 of the 2021-2027 MFF

In May 2018, the European Commission published its proposal for the EU’s long-term budget for 2021-2027, known as the multiannual financial framework (MFF). The proposed next MFF is structured in 7 headings, encompassing 17 policy clusters. Continue reading

Financing EU external action in the new MFF, 2021-2027: Heading 6 ‘Neighbourhood and the World’

In May 2018, the European Commission published its proposals for the new multiannual financial framework (MFF), the EU’s seven-year budget for the 2021-2027 period, followed by proposals for the MFF’s individual sectoral programmes. Continue reading

Financing EU security and defence: Heading 5 of the 2021-2027 MFF

For the new 2021-2027 multiannual financial framework (MFF), the European Commission proposes to dedicate a separate heading to security and defence – Heading 5. Continue reading

Migration and border management: Heading 4 of the 2021-2027 MFF

The Treaty of Lisbon makes explicit reference to pooling financial resources to support common policies on asylum, immigration and external borders. While expenditure for these policy areas still represents a minor share of the EU budget, it has recently increased in the wake of the 2015-2016 refugee crisis. Continue reading

Natural resources and environment: Heading 3 of the 2021-2027 MFF

Dedicated to programmes and funds supporting agriculture and maritime policy, and environment and climate change, Heading 3 is the second biggest in terms of funding in the European Commission proposal on the future multiannual financial framework (MFF) for 2021-2027. Continue reading

Cohesion funds, values and economic and monetary union in the 2021-2027 MFF: European Parliament position on Heading 2 – Cohesion and values

Heading 2 – Cohesion and values – is the biggest in terms of budget in the multiannual financial framework (MFF) proposed by the European Commission for the 2021 to 2027 period. Continue reading

Single market, innovation and digital: Heading 1 of the 2021-2027 MFF

The European Union’s long-term budget, the multiannual financial framework (MFF), sets out the maximum annual amounts of spending for a seven-year period. It is structured around the EU’s spending priorities, reflected in broad categories of expenditure or ‘headings’. Continue reading

Financing the European Union [What Think Tanks are thinking]

The European Union is preparing its next long-term budget – the 2021-2027 Multiannual Financial Framework (MFF). However, more than one and a half year after the European Commission made its MFF proposal, differences persist over the size of the budget and spending levels on particular policies. Continue reading

Economic and Budgetary Outlook for the European Union 2020

Growth in the European Union and euro-area economies – albeit still positive – slowed significantly in 2019. Moreover, prospects for the next two years remain muted, against the backdrop of a generalised slowdown. Continue reading

Ten issues to watch in 2020

This is the fourth edition of an annual EPRS publication designed to identify and frame some of the key issues and policy areas that are likely to feature prominently on the political agenda of the European Union over the coming year. Continue reading

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