Votes on long-term EU budget and investments
Parliament is to vote Tuesday to give its consent to the EU’s long-term budget for 2014-2020, as set out in the Multi-annual Financial Framework (MFF) regulation. Investment programmes in agriculture, regional development and all major EU funding programmes have been set by Parliament and Council after two years of negotiations. Parliament will put them to a vote once it has approved the MFF.
Parliament’s approval of the MFF is a prerequisite for it to approve the legal bases of various important EU programmes. The following programmes are to be put to a vote at this session:
- Common Agricultural Policy
- Cohesion policy and Regional development including the Social Fund
- HORIZON 2020
- Erasmus +
- Connecting Europe Facility
- Programme for employment and social innovation
- Creative Europe
- Europe for Citizens
- Nuclear safety cooperation and nuclear decommissioning assistance
- Competitiveness of enterprises and SMEs, and
- European satellite navigation systems
"Common Provisions" rules for all EU funds
From 2014 on, there will be a common set of provisions to improve coordination between the European Regional Development Fund, the Cohesion Fund and the European Social Fund plus the Rural Development and Fisheries funds.
This common strategy is based on the Europe 2020 goals, which translate into specific investment priorities. A common set of rules – not least to simplify accounting - and more closely targeted reporting requirements will reduce bureaucracy and simplify the use of EU funds.
Commitment and payment appropriations comparison 2014-20 v. 2007-13 (at constant 2011 prices)
|New MFF 2014-2020 €mn||Last MFF 2007-2013 €mn||2014-2020 €bn||2007-2013 %|
|Total commitment appropriations||959,988||994,176||- 35.2bn||- 3.5 %|
|as a percentage of GNI||1.00 %||1.12 %|
|Total payment appropriations||908,400||942,778||- 34.4bn||- 3.7%|
|as a percentage of GNI||0.95 %||1.06 %|
Vote: Tuesday, 19 November