The EU Budget after Brexit: Reform not Revolution

The EU was beginning to craft its financial framework (Multiannual Financial Framework or MFF) for 2020-26. The Commission was to make its formal proposal in May. The EU should make up for the loss of the UK’s annual net contribution of about €10 billion per year with a balanced combination of spending cuts and increased revenue. Rebates enjoyed by selected member-states should be scrapped, as they make the budget less just and less transparent.

• Primary Source

EP: EPRS: In-Depth Analysis, November 2017: The next Multiannual Financial Framework (MFF) and the Unity of EU budget http://www.europeansources.info/record/the-next-multiannual-financial-framework-mff-and-the-unity-of-eu-budget/

EP: EPRS: The long-term EU budget http://www.europeansources.info/record/the-long-term-eu-budget/

---