|Author (Corporate)||European Commission|
|Series Details||(2018) 321 final (02.05.18)|
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.
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.
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
|Subject Categories||Economic and Financial Affairs|
|Countries / Regions||Europe|