Financing the European Union [What Think Tanks are thinking]

07-02-2020

The European Union is preparing its next long-term budget – the 2021-2027 Multiannual Financial Framework (MFF). However, more than a year and a half after the European Commission made its MFF proposal, differences persist over the size of the budget and spending levels on individual policies. The European Parliament has called for an ambitious budget, capable of financing new initiatives, such as the European Green Deal. Despite tensions, a decision on the next MFF is still expected in 2020, before the planned start of the next financing period at the beginning of the following year. The later the decision comes, the more significant the negative consequences for beneficiaries of the EU budget, as some aid programmes could be delayed. This note offers links to recent commentaries, studies and reports from international think tanks on the EU’s long-term budget and related issues. The current item includes a recent package of publications on the MFF prepared by the European Parliamentary Research Service.

The European Union is preparing its next long-term budget – the 2021-2027 Multiannual Financial Framework (MFF). However, more than a year and a half after the European Commission made its MFF proposal, differences persist over the size of the budget and spending levels on individual policies. The European Parliament has called for an ambitious budget, capable of financing new initiatives, such as the European Green Deal. Despite tensions, a decision on the next MFF is still expected in 2020, before the planned start of the next financing period at the beginning of the following year. The later the decision comes, the more significant the negative consequences for beneficiaries of the EU budget, as some aid programmes could be delayed. This note offers links to recent commentaries, studies and reports from international think tanks on the EU’s long-term budget and related issues. The current item includes a recent package of publications on the MFF prepared by the European Parliamentary Research Service.