selection

budget

This tag is associated with 60 posts

EU budget and recovery fund: Is it a done deal? [What Think Tanks are thinking]

After nearly five days of tough negotiations, the European Council agreed on the EU’s next seven-year budget, the Multiannual Financial Framework (MFF), worth more than one trillion euros from 2021 to 2027, and crucially, on an additional 750-billion euro fund to help countries recover from the economic downturn caused by the coronavirus pandemic. Continue reading

Outcome of the Special European Council meeting of 17-21 July 2020

After almost five days of negotiations, the European Council finally reached a political agreement on the Multiannual Financial Framework (MFF) for 2021 to 2027 and a specific recovery instrument following the coronavirus crisis – Next Generation EU (NGEU) – together totalling €1 824.3 billion. Continue reading

Future financing of the Union: MFF, Own Resources and Next Generation EU

On 21 July, EU Heads of State or Government reached a political agreement on the future design of EU finances. Continue reading

Outlook for the special European Council meeting of 17-18 July 2020

Based on an updated ‘negotiating box’ presented by the President of the European Council, Charles Michel, on 10 July, the special meeting of the European Council on 17-18 July will aim at finding a political agreement on the EU recovery fund, entitled ‘Next Generation EU’, and the multiannual financial framework (MFF) for the 2021-27 seven-year financing period. Continue reading

Next Generation EU: A European instrument to counter the impact of the coronavirus pandemic

The socio-economic impact of the coronavirus pandemic across the European Union (EU) is posing significant challenges, not least to the good functioning of the single market and the euro area. Continue reading

The EU budget and coronavirus [What Think Tanks are thinking]

European Union leaders and institutions are now discussing plans to provide a major boost to the European economy to help it recover from the coronavirus crisis. Continue reading

Outlook for the European Council video-conference of 18-19 June 2020

The European Council meeting on 19 June, to be held by video-conference, will be almost exclusively dedicated to the next Multiannual Financial Framework (MFF) and the proposed new EU recovery fund, dubbed ‘Next Generation EU’. Continue reading

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

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

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

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