EU Multiannual Financial Framework

Author (Corporate)
Series Title
Series Details 15.06.18
Publication Date 15/06/2018
Content Type

In May 2018 the European Commission made proposals for the new long-term budget and on own resources for the European Union. proposed Multiannual Financial Framework (MFF) for 2021-2027 was slightly bigger than the current MFF, in constant prices.

The budget proposal took into account the shortfall on the revenue side caused by the UK's withdrawal from the EU, on the one hand, and the growing need to finance new priorities, on the other.

The Commission proposed to increase funds for such areas as competitiveness, migration and security, and to reduce spending on traditional policies, such as cohesion and agriculture. For the first time, the Commission proposed to make the availability of funds dependent on the respect for the rule of law and EU values in recipient countries.

This note offered links to a selection of recent commentaries, studies and reports from some of the major international think tanks and research institutes, which discussed the EU's long-term budget and related reforms.

Compiler: Marcin Grajewski

More reports on the topics are available in previous editions of 'What Think Tanks are Thinking'

+ The long-term EU budget, March 2018

+ The EU's next long-term budget, January 2018

+ EU budget reform, January 2017.

Source Link http://www.europarl.europa.eu/RegData/etudes/ATAG/2018/623542/EPRS_ATA(2018)623542_EN.pdf
Related Links
Carnegie Europe: Article, 19.07.18: EU Reform: Does Everything Have to Change for Things to Remain the Same? https://carnegieeurope.eu/2018/07/19/eu-reform-does-everything-have-to-change-for-things-to-remain-same-pub-76871/
Council of the European Union: Library: Think Tank Review, No.58, June 2018: Special Focus on Multiannual Financial Framework (MFF) for 2021 - 2027 http://www.consilium.europa.eu/media/35799/ttr-2018-58.pdf
Martens Centre: Blog, 03.10.18: A step too far? The Commission’s proposal to tie EU budget payments to compliance with the rule of law https://www.martenscentre.eu/blog/step-too-far-commissions-proposal-tie-eu-budget-payments-compliance-rule-law
LSE European Institute: EuroppBlog, 02.10.18: A step too far? The Commission’s proposal to tie EU budget payments to compliance with the rule of law http://blogs.lse.ac.uk/europpblog/2018/10/02/a-step-too-far-the-commissions-proposal-to-tie-eu-budget-payments-to-compliance-with-the-rule-of-law/

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