Upcoming Broadcast

BUDG Members will discuss the Commission proposal for a Draft Amending Budget (DAB) 6, which aims to provide EUR 11,5 billion in commitment appropriations to put into action the proposed EU economic recovery plan for Europe still this year. In particular, it proposes: - creating a solvency support window within the European Fund for Strategic Investments (EFSI) to support the solvency of companies affected by the COVID-19 crisis: EUR 5 billion;

BUDG Members discussed on 22 June the proposals for a Recovery plan package published by the Commission at the end of May, including revised proposals on the 2021-2027 multiannual financial framework (MFF) and reform of the system of own resources (OR).

On 24 June, Johannes Hahn, Budget Commissioner, presented to BUDG Members the Commission's Draft Budget for the year 2021, as adopted by the college of Commissioners. In line with Article 314 TFEU, this presentation kicks off the annual budgetary procedure, whereby Parliament is expected to respond to Council's position on the Draft Budget in the Autumn.