|Author (Corporate)||European Parliament|
|Publication Date||October 2019|
Resolution prepared by the European Parliament in October 2019, assessing progress on negotiations towards an agreement concerning the European Union's Multiannual Financial Framework (MFF) for 2021-2027.
The Resolution raises the concern that an agreement within and between the co-legislators might not be reached in time. It mentions that the Council of the European Union was yet to have a common position on the matter, and that the Parliament had been ready to negotiate for over a year, since its position was first adopted in November 2018. This Resolution confirms such position overall and adjusts it where needed, particularly when it comes to climate protection.
The Parliament also asks the European Commission to clarify how the political promises set out by the new President of the European Commission in July 2019 would financially impact the EU's MFF 2021-2027. It urges the Commission to table a contingency plan, considering the potential for an overall agreement not to be reached. Delays could result in funding for the EU programmes in 2021 being disrupted.
The Resolution was adopted ahead of a meeting of the European Council where the MFF 2021-2027 was subject to discussion.
|Subject Categories||Economic and Financial Affairs|
|Subject Tags||Multiannual Financial Framework [MFF]|
|International Organisations||European Union [EU]|