Establishing an MFF contingency plan

11-05-2020

The EU’s next Multiannual Financial Framework (MFF) should start on 1 January 2021, but the negotiations have encountered delays in the European Council and Council. During the May plenary part-session, the European Parliament is expected to vote a report by its Committee on Budgets, asking the Commission to prepare urgently a legislative proposal for a contingency plan should the post-2020 MFF not be agreed on time. The objective would be to provide a safety net to protect beneficiaries of EU funds, while ensuring that the EU budget can keep contributing to the fight against the coronavirus pandemic and its socio-economic consequences.

The EU’s next Multiannual Financial Framework (MFF) should start on 1 January 2021, but the negotiations have encountered delays in the European Council and Council. During the May plenary part-session, the European Parliament is expected to vote a report by its Committee on Budgets, asking the Commission to prepare urgently a legislative proposal for a contingency plan should the post-2020 MFF not be agreed on time. The objective would be to provide a safety net to protect beneficiaries of EU funds, while ensuring that the EU budget can keep contributing to the fight against the coronavirus pandemic and its socio-economic consequences.