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During the April II plenary session, the European Parliament is due to vote on recommendations on discharge to the EU agencies and joint undertakings for their implementation of the 2015 budget. The Committee on Budgetary Control proposes to grant them all discharge.

Second Edition - July 2015. As a consequence of the late agreement on the overall 2014-20 Multiannual Financial Framework (MFF), the various legal acts setting out the provisions for implementing the funds throughout that period were adopted much later than planned. As a result, the funds allocated for 2014, amounting to some €21 billion – equivalent to almost 15% of the 2014 budget, were not able to be used that year, and this revision of the MFF is intended to ensure that the programmes can be ...

As a consequence of the late agreement on the overall 2014-20 Multiannual Financial Framework (MFF), the various legal acts setting out the provisions for implementing the funds throughout that period were adopted much later than planned. As a result, the funds allocated for 2014, amounting to some €21 billion – equivalent to almost 15% of the 2014 budget, were not able to be used that year, and this revision of the MMF is intended to ensure that the programmes can be fully implemented in 2015. The ...

Setting the maximum allocation of resources for each major category ("heading") of EU spending, the MFF gives a budgetary overview of priorities. The political agreement on the next MFF includes provisions to increase the flexibility of the system and to prepare reforms of the own resources system. A review of the MFF by the end of 2016 is also provided for.

The next EU MFF should start in 2014 and last for seven years (to 2020), with total proposed expenditure of just over €1 trillion. Since the MFF fixes the maximum expenditure and indicates the appropriations (commit­ment and payment) by major activity area, it is a significant political statement of where the EU's budgetary resources will be concentrated over that seven-year period. There is a tendency towards a continuation of the existing MFF structure because of the difficulties of obtaining ...

This note examines the use made of flexibility (revision of the financial framework ceilings and use of instruments to go beyond the ceilings) since the start of the current financial framework. Total revisions and use of instruments in the current financial framework amount to €8,4 billion so far.