MEPs warn that the 1.26% ceiling will force cuts as debt repayments loom and warn about the long-term budget presented by the Commission. Parliament’s co-rapporteurs for the multiannual financial framework (MFF), Siegfried Mureșan (EPP, Romania) and Carla Tavares (S&D, Portugal), together with the co-rapporteurs for own resources,Sandra Gómez López (S&D, Spain) and Danuše Nerudová (EPP, […]
An ambitious budget for a stronger Europe: 2028-2034
Last July 16, the European Commission presented its proposal for an ambitious and dynamic Multiannual Financial Framework (MFF), amounting to almost EUR 2 trillion (or 1.26% of the EU’s gross national income on average between 2028 and 2034). This framework will equip Europe with a long-term investment budget matching its ambitions to be an independent, […]
Budgets Committee sets out priorities for next long-term EU budget
MEPs in the Budgets Committee have backed the first report outlining Parliament’s vision for the next long-term EU budget. In the report adopted on Wednesday by 23 votes in favour, 9 against and with 2 abstentions, MEPs emphasise the need for a significantly more ambitious long-term EU budget (multiannual financial framework – MFF) that can […]
Citizens invited to have their say on new EU budget
A panel discussion that looks into the new EU budget, between the Commission and 150 randomly selected citizens, started on March 28th. It has been the first of three sessions and has helped the EU decide how to spend its money in future. The in-person session has taken place from 28-30 March and will be […]
European citizens’ panel invites citizens to contribute to new EU budget
This weekend, from 28-30 March, the first session of the European Citizens’ Panel on the new EU budget takes place in Brussels. As part of this European Citizens’ Panel, 150 randomly selected citizens from the 27 EU Member States will meet to discuss which EU-funded priorities and actions bring the most added value to Europeans. […]
EU annual budget 2026: Council sets guidelines for next year’s EU budget
The Council today approved conclusions setting guidelines for the EU’s annual budget for 2026. The guidelines provide political steer to the Commission in preparing the draft budget proposal for next year’s budget. In its conclusions, the Council underlines that the EU budget for 2026 has a key role in the development and delivery of the […]
Council sets budget expenditure paths for 21 Member States
The Council moved a step closer to implementing the EU’s new fiscal rules by adopting today recommendations approving the first national medium-term fiscal-structural plans and setting out net expenditure paths for 21 Member States. The national medium-term fiscal-structural plans are a cornerstone of the new economic governance framework. They set out Member States’ fiscal paths, […]
European Commission issues €7 billion in its 10th syndicated transaction of 2024
The European Commission raised last november 19 €7 billion of EU Bonds in its 10th syndicated transaction for 2024, €3 billion of which in the form of NextGenerationEU (NGEU) Green Bonds. The dual-tranche transaction concerned a €4 billion tap of the EU Bond maturing on 4 December 2031, and a €3 billion tap of the NextGenerationEU […]
EU annual budget for 2025: Council agrees its position on the draft budget
The Council’s reached an agreement on its position on the 2025 EU draft budget. In total, the Council’s position for next year’s budget amounts to €191.53 billion in commitments and €146.21 billion in payments, not including appropriations foreseen for special instruments outside the MFF. Overall, the Council takes a prudent approach. The Council stresses the […]