Multiannual Financial Framework

Press release - Deal on mid-term revision of EU’s long-term budget

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Wednesday, February 7, 2024
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Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.Committee on Budgets Source : © European Union, 2024 - EP

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Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.Committee on Budgets Source : © European Union, 2024 - EP

Press release - EP President Metsola at EUCO: We owed the Ukraine deal to the people of Ukraine

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Sunday, February 4, 2024
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Support to Ukraine is ultimately also about our own European security, underlined EP President Roberta Metsola at the Special European Council Source : © European Union, 2024 - EP

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Support to Ukraine is ultimately also about our own European security, underlined EP President Roberta Metsola at the Special European Council Source : © European Union, 2024 - EP

Article - Revision of EU long-term budget: why Parliament wants improvements

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Wednesday, October 4, 2023
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The EU long-term budget, also known as the Multiannual Financial Framework (MFF.

Key Points: 
  • The EU long-term budget, also known as the Multiannual Financial Framework (MFF.
  • ), is the seven-year financial plan that determines how much money the EU can invest in different priorities, such as supporting farmers, regions, businesses, students or researchers.
  • Why changes in the EU long-term budget are needed
    Many unforeseen developments have taken place since the EU adopted its current long-term budget at the end of 2020.
  • Mid-term revision of the EU long-term budget
    The European Commission came up with a proposal for a revision of the long-term budget in June 2023.

Press release - Parliament argues for a top-up to multi-annual budget for crisis response

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Wednesday, October 4, 2023
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As for the debt payments resulting from the Recovery plan, MEPs demand that they be positioned above the EU’s budgetary caps.

Key Points: 
  • As for the debt payments resulting from the Recovery plan, MEPs demand that they be positioned above the EU’s budgetary caps.
  • This is to ensure that EU programmes directly benefiting citizens are not compromised, especially given the potential volatility of these costs with rising interest rates.
  • Press conference
    A press conference with EP President Roberta Metsola and the co-rapporteurs takes place after the vote on 3 October at 14:00 in the Parliament’s press conference room in Strasbourg.
  • We are reinforcing the budget with top-ups for migration and ensuring flexibility to respond to crises.

RECOMMENDATION FOR SECOND READING on the Council position at first reading with a view to the adoption of a regulation of the European Parliament and of the Council establishing a multiannual management plan for bluefin tuna in the eastern Atlantic a[...]

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Thursday, August 3, 2023
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Press release - Metsola to European Council: Solidarity with Ukraine must remain at the top of our agenda

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Friday, June 30, 2023
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Highlights - Long-term reinforcement of the EU budget: mid-term review of the MFF - 27.6.23 - Committee on Budgets

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Thursday, June 22, 2023
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Long-term reinforcement of the EU budget: mid-term revision of the MFF - 27.6.23

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  • Long-term reinforcement of the EU budget: mid-term revision of the MFF - 27.6.23
    21-06-2023 - 09:14
    The Committee on Budgets will host a presentation by Commissioner Hahn on the mid-term revision of the Multiannual Financial Framework proposing targeted reinforcements in a limited number of priority areas.
  • The Commission's main objectives include inter alia securing continuous financial support for Ukraine, reinforcement of financing for migration and external challenges, as well as funding for key technologies like deep tech and digital, clean tech and biotechnology under the initiative Strategic Technologies for Europe Platform.
  • Commissioner Hahn will also present the Commission's proposal for the second package of own resources, which consists of a statistical-based own resource on company profits as well as an adjustment of the ETS own resource.
  • Commissioner Hahn will also present the Commission's proposal for the second package of own resources, which consists of a statistical-based own resource on company profits as well as an adjustment of the ETS own resource.

Highlights - Debate on impact of increasing NGEU borrowing costs on the 2024 EU budget - 17.4.23 - Committee on Budgets

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Tuesday, April 18, 2023
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Debate on impact of increasing NGEU borrowing costs on the 2024 EU budget - 17.4.23

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  • Debate on impact of increasing NGEU borrowing costs on the 2024 EU budget - 17.4.23
    14-04-2023 - 14:53
    The draft report describes the increasing pressure on the EU budget resulting from increased borrowing costs associated with the European Union Recovery Instrument.
  • It underlines that the current borrowing costs, driven by a high interest rate climate, are exhausting resources intended for the budget to respond to emerging needs and jeopardising investment through agreed programmes in the EU's long term budget (multiannual financial framework - MFF).
  • The report was drawn up by the BUDG Chair in conjunction with the 2024 and 2023 General Budget Rapporteurs and the Negotiating Team for the Multiannual Financial Framework 2021-2027 and Own Resources.
  • The report was drawn up by the BUDG Chair in conjunction with the 2024 and 2023 General Budget Rapporteurs and the Negotiating Team for the Multiannual Financial Framework 2021-2027 and Own Resources.

Highlights - EU external action and crisis response: is the EU budget fit for purpose? - 28.3.23 - Committee on Budgets

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Tuesday, March 21, 2023
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EU external action and crisis response: is the EU budget fit for purpose?

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  • EU external action and crisis response: is the EU budget fit for purpose?
  • - 28.3.23
    21-03-2023 - 16:18
    The Committee on Budgets will receive high-level speakers to discuss in a hearing the EU budget and its impact on EU external action and its crisis response capacity.
  • The hearing is held in view of the upcoming review of the EU’s long-term budget (multiannual financial framework 2021-2027).
  • The speakers of the first panel, Prof. Esther Duflo and Dominic Crowley, will elaborate on how the EU budget can deliver efficiently on development and humanitarian issues.

Highlights - BUDG session of the European Parliamentary Week 2023 - 27.02.23 - Committee on Budgets

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Monday, February 20, 2023
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BUDG session of the European Parliamentary Week 2023 - 27.02.23

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  • BUDG session of the European Parliamentary Week 2023 - 27.02.23
    16-02-2023 - 09:14
    In the context of EU economic, social and budgetary policies, the European Parliament and the Swedish Presidency organise the European Parliamentary Week 2023.
  • It will take place on 27 - 28 February 2023 in the European Parliament in Brussels.The Inter-Committee Meeting organised by the Committee on Budgets will take place on Monday 27 February from 15.30 until 18.45.
  • The second session will cover the budgetary Support for Ukraine - national and EU budgetary crisis responses and the role of parliaments.
  • The second session will cover the budgetary Support for Ukraine - national and EU budgetary crisis responses and the role of parliaments.