Next MFF: preparing the Parliament’s position on the MFF post-2020

Further information:

The European Parliament defends an increase to the limit on EU expenditure from 1% to 1.3% of EU GNI in order to be able to fund political priorities withour sacrificing the EU's regions or farming communities. Key proposals include boosting research programmes, Erasmus+, the Youth Employment Initiative and support for SMEs as well as infrastructure investment through the Connecting Europe Facility (CEF).

Background information:

+ ESO Key Source: Multiannual Financial Framework (MFF) 2014-2020

Every seven years, the European Union decides about its future finances by setting up its Multiannual Financial Framework. It lays down the maximum annual amounts ('ceilings') which the European Union may spend in different political fields ('headings') over a period of at least 5 years. The debate on the MFF becomes the time for Leaders to commit financially to the kind of Union they envisage, related to the debate on the future of Europe.

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

The European Commission published on 14 February 2018 a Communication setting out different options (and their financial consequences) for the post-2020 Multiannual Financial Framework (MFF).

• Primary Source

European Parliament: Press Release, 14.03.18: Funding Europe's future: EU’s post-2020 budget must match policy goals http://www.europarl.europa.eu/news/en/press-room/20180309IPR99420/

EP: EPRS: Plenary at a Glance, March 2018: Post-2020 Multiannual Financial Framework http://www.europarl.europa.eu/thinktank/en/document.html?reference=EPRS_ATA%282018%29614725

Legislative Train: Legislative package for the Multi-annual Financial Framework beyond 2020 http://www.europarl.europa.eu/legislative-train/theme-new-boost-for-jobs-growth-and-investment/file-post-2020-mff

EurActiv, 14.03.18: MEPs voted to boost EU budget to 1.3% GDP https://www.euractiv.com/section/economy-jobs/news/meps-voted-to-boost-eu-budget-to-1-3-gdp/

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