Post-2020 Multiannual Financial Framework

At a Glance 06-03-2018

In May 2018, the European Commission is expected to adopt a proposal on a new Multiannual Financial Framework (MFF) for the period after 2020, alongside proposals on the reform of the 'own resources' system. Parliament's Committee on Budgets (BUDG) has adopted an own-initiative report on its position on the future MFF, together with one on reform of 'own resources'. Due to be debated during the March plenary session, the two texts will set out Parliament’s perspective on both the revenue and expenditure sides of the EU budget, which it argues should be treated as a single package in the upcoming negotiations.