2014-2020 Multiannual Financial Framework (MFF): Mid-term revision

07-07-2017

The Multiannual Financial Framework (MFF) sets the maximum level of resources (‘ceiling’) for each major category of EU spending for the years 2014-2020. Based on the compulsory mid-term review of the MFF, the European Commission proposes to modify the flexibility provisions and special instruments of the MFF Regulation. The aim is to increase the capacity of the EU budget to address unforeseen events and new priorities, against a backdrop of persistent challenges inside and outside the EU. The proposal is part of a broader package that seeks to allocate an extra €6.33 billion to job creation, growth, migration and security challenges, without modifying the MFF ceilings. On 5 April 2017, the Parliament, which has long pushed for MFF revision, approved the compromise package supported in the Council on a text that enhances some special instruments. Following formal adoption in the Council, the mid-term revision enters into force on 14 July 2017. Please note this document has been designed for on-line viewing.

The Multiannual Financial Framework (MFF) sets the maximum level of resources (‘ceiling’) for each major category of EU spending for the years 2014-2020. Based on the compulsory mid-term review of the MFF, the European Commission proposes to modify the flexibility provisions and special instruments of the MFF Regulation. The aim is to increase the capacity of the EU budget to address unforeseen events and new priorities, against a backdrop of persistent challenges inside and outside the EU. The proposal is part of a broader package that seeks to allocate an extra €6.33 billion to job creation, growth, migration and security challenges, without modifying the MFF ceilings. On 5 April 2017, the Parliament, which has long pushed for MFF revision, approved the compromise package supported in the Council on a text that enhances some special instruments. Following formal adoption in the Council, the mid-term revision enters into force on 14 July 2017. Please note this document has been designed for on-line viewing.