European Parliamentary Research Service Blog
EU Financing / Budgetary Affairs
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
Outlook for the meetings of EU leaders on 12-13 December 2019
At the meeting of EU Heads of State or Government in December 2019, the first to be presided over by Charles Michel, EU leaders will meet in three different formats: a regular European Council, a European Council (Article 50) meeting, and an inclusive Euro Summit. Continue reading
Mainstreaming of climate action in the EU budget: Impact of a political objective
The European Union (EU) has developed many legislative measures related to climate change, and is on track to meet its 2020 targets for the reduction of greenhouse gas (GHG) emissions, the improvement of energy efficiency and the increased use of renewables. Continue reading
Plenary round-up – Brussels, October I 2019
Highlights of the October I plenary session included statements and debates on the preparation of the European Council meeting of 17 and 18 October 2019, on greening the European Investment Bank (EIB), in the presence of the Bank’s president, and on how to prevent conflicts of interest in the EU. Continue reading
Plenary round-up – Strasbourg, September 2019
Highlights of the September plenary session included statements and debates on the preparation for the Climate Action Summit and the Sustainable Development Goals Summit in New York, on the importance of European remembrance for the future of Europe, and on the implementation of anti-money laundering legislation. Continue reading
European Solidarity Corps 2021-2027 [EU Legislation in Progress]
The financial allocation for the European Commission proposal for a European Solidarity Corps programme is €1 260 million at current prices. Projected to offer opportunities for 350 000 18 to 30 year olds from 2021 to 2027, the programme is included under Heading 2 ‘Cohesion and Values’ of the multiannual financial framework covering the same period. Continue reading
Annual EU budgetary procedure: An introduction to the steps in the EP [Policy podcast]
The European Parliament (EP) and the Council are the budgetary authority of the European Union. The two institutions, assisted by the European Commission, decide on the budget in the annual EU budgetary procedure. Continue reading
Multiannual financial framework for the years 2021 to 2027: The future of EU finances [EU Legislation in Progress]
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. Continue reading
How the EU budget is spent: EU cooperation with Greenland
Having been a part of the European Community since 1973 through Denmark’s membership, Greenland withdrew from the European Community in 1985 after the island secured home rule from Denmark. Since then, Greenland has been associated with the European Union as an Overseas Country and Territory (OCT). Continue reading
How the EU budget is spent: Fund for European Aid to the Most Deprived
In 2014, around 122 million people were ‘at risk of poverty or social exclusion’ (AROPE) in the 28 EU Member States– a quarter of the population. This means they were in at least one of the following situations: at risk of monetary poverty (17.2 % of the total population); living in households with very low work intensity (11.1 %); or severely materially deprived (9.0 %). Continue reading
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