As a result of the United Kingdom’s withdrawal from the European Union (EU) and the coronavirus pandemic, the political and economic context for the negotiations on the 2021‑2027 multiannual financial framework (MFF) was extremely challenging – and quite different to the previous set of MFF negotiations – testing the (limits of the) EU’s resilience and solidarity. Continue reading
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
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