Communication: A modern budget for a Union that protects, empowers and defends: the Multiannual Financial Framework 2021-2027

Author (Corporate)
Series Title
Series Details (2018) 321 final (02.05.18)
Publication Date 30/05/2018
Content Type

Summary:

The European Commission launched on 2 May 2018 a package of proposals shaping its vision regarding the European Union's Multiannual Financial Framework for the 2021-2027 period.

A debate on this package of initiatives was held at the European Parliament's plenary session also on 2 May. A non-legislative resolution on the proposals was backed by the plenary session on 30 May.

Further information:

These proposal were the result of an extensive debate, following the release of a Communication in which the Commission set out options for the future EU budget.

+ Communication on 'a new, modern Multiannual Financial Framework for a European Union that delivers efficiently on its priorities post-2020', February 2018

The proposed budget combines new instruments with modernised programmes to deliver efficiently on the Union’s priorities and to rise to new challenges. It shows how the financing of the budget could be simplified and reformed to forge a stronger link with the political priorities. It also responds to the budgetary consequences of the EU withdrawal of the United Kingdom.

The package consists of the following proposals:

+ COM(2018)322: Proposal for a Council Regulation laying down the multiannual financial framework for the years 2021 to 2027
+ COM(2018)323: Proposal for an Interinstitutional Agreement on budgetary discipline, on cooperation in budgetary matters and on sound financial management
+ COM(2018)324: Proposal for a Regulation on the protection of the Union's budget in case of generalised deficiencies as regards the rule of law in the Member States
+ COM(2018)325: Proposal for a Council Decision on the system of Own Resources of the European Union
+ COM(2018)326: Proposal for a Council Regulation on the methods and procedure for making available the Own Resources based on the Common Consolidated Corporate Tax Base, on the European Union Emissions Trading System and on plastic packaging waste that is not recycled, and on the measures to meet cash requirements
+ COM(2018)327: Proposal for a Council Regulation laying down implementing measures for the system of Own Resources of the European Union
+ COM(2018)328: Proposal for a Council Regulation amending Regulation (EEC, Euratom) No 1553/89 on the definitive uniform arrangements for the collection of Own Resources accruing from value added tax

Source Link https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2018:321:FIN
Related Link(s)
The Economist, 05.05.18: The EU’s budget is being dragged into the 21st century https://www.economist.com/europe/2018/05/05/the-eus-budget-is-being-dragged-into-the-21st-century
BBC News, 02.05.18: EU budget: Plans for farm subsidy cuts but more on security http://www.bbc.co.uk/news/world-europe-43968777
The New York Times, 01.05.18: As Poland and Hungary Flout Democratic Values, Europe Eyes the Aid Spigot https://www.nytimes.com/2018/05/01/world/europe/poland-hungary-european-union-money.html
EP: Legislative Observatory: Resolution on the 2021-2027 multiannual financial framework and own resources http://www.europarl.europa.eu/oeil-mobile/fiche-procedure/2018/2714(RSP)
European Parliament: Press Release, 30.05.18: Parliament challenges Commission over scale of cuts http://www.europarl.europa.eu/news/en/press-room/20180524IPR04231/
European Commission [Q&A]: A modern budget for a Union that protects, empowers and defends http://europa.eu/rapid/press-release_MEMO-18-3621_en.htm
European Commission: Opening remarks by Jean-Claude Juncker, President of the European Commission at the joint press conference with Commissioner Günther Oettinger following the College meeting on the Multiannual Financial Framework post-2020 http://europa.eu/rapid/press-release_SPEECH-18-3653_fr.htm
European Commission: Discours du Président Jean-Claude Juncker à la plénière du Parlement européen sur le Cadre financier pluriannuel pour l'après-2020 http://europa.eu/rapid/press-release_SPEECH-18-3649_fr.htm
European Parliament: Press Release, 02.05.18: MFF and Own Resources Contact Group declaration on the post-2020 EU budget package http://www.europarl.europa.eu/news/en/press-room/20180502IPR02917/
European Parliament: Press Release, 02.05.18: Post-2020 EU budget plans show purpose, but lack ambition, say MEPs http://www.europarl.europa.eu/news/en/press-room/20180426IPR02611/
EurActiv, 02.05.18: Commission’s ‘realistic’ budget criticised by member states https://www.euractiv.com/section/future-eu/news/commissions-realistic-budget-criticised-by-member-states/
EurActiv, 02.05.18: Regions and cities worried about cohesion cuts, co-finance and ESF https://www.euractiv.com/section/economy-jobs/news/regions-and-cities-worried-about-cohesion-cuts-co-finance-and-esf/
EUObserver [Opinion]: EU budget must not fortify Europe at expense of peace https://euobserver.com/opinion/141775
EUObserver, 02.05.18: Commission launches seven-year budget 'bargaining' https://euobserver.com/institutional/141732
Politico, 03.05.18: Juncker’s EU budget plan risks eurozone turf war https://www.politico.eu/article/jean-claude-juncker-eu-budget-plan-risks-eurozone-turf-war-mff/
Politico, 02.05.18: Commission wants bigger budget for smaller EU https://www.politico.eu/article/european-commission-proposes-eu-budget-cap-multiannual-financial-framework-guenther-oettinger/
Politico, 03.05.18: Oettinger: Criticism of EU budget plan means I’m right https://www.politico.eu/article/oettinger-criticism-of-eu-budget-plan-means-im-right/
EUR-Lex: SWD(2018)171: Spending review https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD:2018:171:FIN
European Commission: Press Release, 02.05.18: EU budget: Commission proposes a modern budget for a Union that protects, empowers and defends http://europa.eu/rapid/press-release_IP-18-3570_en.htm

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