European Parliamentary Research Service Blog
Multi-annual Financial Framework (MFF)
Recovery plan for Europe: State of play
First, there is the financing of NGEU, based on borrowing operations carried out by the European Commission on behalf of the European Union. Continue reading
European Parliament Plenary Session – June I 2021
Over 60 % of European small and medium-sized enterprises (SMEs), which employ 100 million people, have reported a fall in turnover in 2020. Members will take part in a joint debate on the State of the SMEs Union on Monday evening and have already called for the EU strategy for a sustainable and digital Europe to take the impact of Covid‑19 into account. Continue reading
Matching priorities and resources in the EU budget: Climate action, migration and borders
Underpinned by the European Green Deal strategy, climate action will receive the bulk of its resources through the incorporation of climate considerations and objectives across all relevant EU funding instruments (climate mainstreaming). Continue reading
Brexit adjustment reserve [EU Legislation in Progress]
The European Commission adopted a proposal for a regulation on the Brexit adjustment reserve on 25 December 2020. Continue reading
Delivering the 2021-27 MFF and NGEU: How to, match strategy, resources and expectations?
On 4 May 2021, EPRS held a second online policy roundtable dedicated to the new multiannual financial framework (MFF) for 2021‑2027. Continue reading
European Parliament Plenary Session – April 2021
Members of the European Parliament certainly have their work cut out for them this month with a very full agenda, featuring budgetary discharge in respect of EU financial management in 2019, spending plans for a number of EU programmes in 2021‑2027, and a number of other legislative proposals, including on the proposed digital green certificate. Continue reading
EPRS debates the MFF negotiations with President Sassoli
On 14 April 2021, the European Parliamentary Research Service (EPRS) hosted an online policy round table with the President of the European Parliament, David Sassoli, discussing exactly this question. Continue reading
Economic and Budgetary Outlook for the European Union 2021
Growth in gross domestic product (GDP) in Europe collapsed in 2020 as a result of the economic crisis caused by the coronavirus pandemic. Continue reading
The public sector loan facility under the Just Transition Mechanism [EU Legislation in Progress][Policy Podcast]
The public sector loan facility is the third pillar of the Just Transition Mechanism (JTM), along with the Just Transition Fund and just transition scheme under Invest EU. Continue reading
Plenary round-up – December 2020
The December 2020 plenary session focused on the agreement on EU finances for the coming years, as well as the conclusions of the 10‑11 December European Council meeting. Continue reading
Adoption of the European Union’s 2021 Budget
During the December plenary session, the European Parliament is due to adopt the European Union’s general budget for the year 2021. Continue reading
Parliament’s consent to the 2021-2027 MFF
During the December part-session, Parliament is due to vote on giving consent to the Council Regulation that establishes the EU’s next multiannual financial framework (MFF). Parliament consent requires a majority of its component Members (353 votes). Continue reading
European Parliament Plenary Session – December 2020
The agreement reached in the European Council meeting of 10‑11 December, which should unblock the adoption of the 2021-2027 Multiannual Financial Framework (MFF) agreed last month, means that budgetary issues are likely to be the focus of this session. Continue reading
EU financing for 2021-2027: Political agreement on the 2021-2027 Multiannual Financial Framework (MFF), the Next Generation EU (NGEU) recovery instrument and new own resources
This briefing provides a graphic presentation of the political agreement reached on 10 November 2020 between the Parliament and the Council Presidency, enabling the EU to finance the extraordinary needs in the aftermath of the Covid-19 pandemic. It highlights the improvements that the European Parliament achieved in particular. Continue reading
InvestEU programme: The EU’s new investment support scheme [EU Legislation in Progress]
The InvestEU programme is a single investment support mechanism for the 2021-2027 period. It would bring together various EU financial instruments for internal policies that are currently supported by different funds and programmes of the EU budget. Continue reading
Plenary round-up – November I 2020
During the first November 2020 plenary session, the main debate followed Council and Commission statements on the multiannual financial framework (including own resources), on a rule of law conditionality mechanism and the recovery fund for Europe, subsequent to the agreements recently reached by Parliament’s negotiators in trilogue negotiations. Continue reading
EU4Health programme [EU Legislation in Progress]
On 28 May 2020, the European Commission adopted a proposal for a regulation on a new health programme (EU4Health) for 2021 to 2027. Continue reading
European Parliament Plenary Session – September 2020
While Parliament and its Members were hopeful that the plenary session would return to Strasbourg this month, the significantly higher Covid‑19 health risks for the local population as well as Members and staff mean that the 14-17 September 2020 session will take place in Brussels. Continue reading
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
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
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