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Document Background - the European Commission Is Trying to Introduce More Flexibility Into Its Next Multi-Annual Budget
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Background publishes a working version of the General Regulation on the Multiannual Financial Framework (MFF) 2028-2034, which the Commission is due to present on 16 July. The text is still incomplete: the annex setting the amount of the envelopes is not included, but the proposal clarifies the executive's intentions on flexibility. The next Multiannual Financial Framework will run well over seven years, but two new instruments will be establish…
While the European Commission is about to unveil its proposal for the next Multiannual Financial Framework (MFF) in July, the debate on the future EU budget is entering a crucial phase. With new political priorities, institutional changes and growing economic challenges, the process that will shape the post-2027 MFF is already under way and should redefine the way the EU finances its long-term ambitions. The MFF's development As we reach half th…
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