EU budget talks: EP works constructively to defend citizens and businesses 

Press Releases 
 
 

Negotiations with Council continued on Wednesday with a constructive eighth round of talks, during which EP negotiators confirmed their mandate on all points.

“Our compromise offer from 13 October stands, including our demand for 13 billion euros from the space released by counting recovery debt and interest repayments over and above the ceilings - as this is an exceptional expenditure that should not compete with Union programmes - and a 9 billion net increase of the ceilings of the Multiannual Financial Framework”, said the members of the Parliament’s negotiating team on the Multiannual Financial Framework (MFF) and Own Resources (OR).


“The negotiations continue next week and we stand ready to discuss and make progress on all the topics - Own Resources, the role of the budgetary authority or horizontal issues and the real top-ups for the 15 flagship EU programmes for the benefit of citizens, students, researchers, businesses, health workers and many others”, the MEPs added.



The EP’s negotiating team for the next long-term EU budget and Own Resources reform


Johan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets

Jan Olbrycht (EPP, PL), MFF co-rapporteur

Margarida Marques (S&D, PT), MFF co-rapporteur

José Manuel Fernandes (EPP, PT), Own Resources co-rapporteur

Valérie Hayer (RENEW, FR), Own Resources co-rapporteur

Rasmus Andresen (Greens/EFA, DE)


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Background


As the current long-term EU budget is running out on 31 December 2020, the EU needs a new budgetary planning horizon for the next seven years. The EU Commission has thus presented plans for the next multiannual financial framework for 2021-2027 in May 2018. The European Parliament has adopted its position in November 2018, and re-confirmed it in October 2019. The European Council has reached a political compromise on 21 July 2020, to which Parliament reacted immediately. Trilateral negotiations between Parliament, Council and Commission have started on 27 August.


Ongoing negotiations are structured around the following topics:


- Reinforcing flagship programmes to preserve EU's capacity to invest besides and beyond the recovery.


- A legally binding commitment to introduce new own resources to repay the common debt from the recovery instrument without burdening citizens and in line with the European Union’s political ambitions.


- Increased legitimacy and accountability to citizens in the budgetary decision-making process - a stronger role for the EP in how the recovery money is raised and spent.


- Horizontal issues (climate, biodiversity, gender) and other provisions


Parliament has also conditioned its agreement to the setting-up of a strong mechanism to ensure respect for the Rule of Law, which is to be negotiated separately according to the codecision/ordinary legislative procedure, where Parliament and Council are on an equal footing.