After months of tough negotiations, the leaders of Parliament, the Council and the Commission reached a political deal on the EU's next long-term budget for 2014–2020 on 27 June 2013. The deal was endorsed by the plenary on 3 July but the final vote will take place this autumn.
During negotiations for the long-term budget, Parliament insisted on member states assuring that deficits for 2012 and 2013 will also be covered so that the new budget cycle starts without any funding gaps. After Parliament set out its stance during the March plenary, there have been constructive contacts with the member states, but a final agreement still has to be agreed.
Our feature gives an overview of developments since the talks on the long-term budget began back in 2011. Check back regularly to keep up to date with the latest developments on the 2014–2020 budget.