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In December 2021, the European Commission presented a proposal for an amendment of Regulation 2020/2093 on the multiannual financial framework (MFF) for the years 2021 to 2027. The proposed targeted revision has the following purposes: a) to raise the MFF ceilings to incorporate the social climate fund; and b) to introduce an automatic annual adjustment of the MFF ceilings based on new own resources, to allow for the repayment of Next Generation EU borrowing. On 31 August, the Committee on Budgets ...

On 30 April 2021, Austria submitted its National Recovery and Resilience Plan (NRRP) to the European Commission, in accordance with Article 18(1) of Regulation (EU) 2021/241 on the Recovery and Resilience Facility, RRF ('RRF Regulation'). The estimated total cost of the NRRP is €4 499 million. The maximum amount of grants available for Austria is €3 461 million, which corresponds to 0.9 % of Austria's gross domestic product (GDP). To implement the plan, Austria is therefore leveraging further amounts ...

During its May I plenary session, the European Parliament is due to vote on whether to grant discharge for the 2020 financial year to the EU's various institutions and bodies. First in line is the report on the European Commission and six executive agencies, responsible for the bulk of EU budget spending. Separate discharge is granted for management of the European development funds (EDFs). Parliament's Committee on Budgetary Control (CONT) recommends that Parliament grant the Commission and all ...

The European Union's 2021 2027 multiannual financial framework (MFF) and the Next Generation EU recovery instruments provide financial resources amounting to €1.8 trillion. However, the EU can only achieve the ambitious objectives of these budgetary instruments if its financial interests are better protected. Parliament's Budgetary Control (CONT) Committee has adopted an own-initiative report highlighting the risk of fraud and conflict of interest arising from the increasing presence of oligarchic ...

Offering an overview of the economic and budgetary situation in the EU and beyond, and summarising the main economic indicators in the EU and euro area and their two-year trends, this study is the sixth in an annual series of 'Outlooks' produced by the European Parliamentary Research Service (EPRS). In seven chapters, the authors of the publication explain and analyse the EU annual budget and give an overview of its headings for 2022, all within the wider budgetary context of the EU’s post-2020 Multiannual ...

On 10 January 2022, Parliament's Committee on Budgetary Control (CONT) held a hearing on the partial renewal of members of the European Court of Auditors (ECA). Subsequently, CONT gave a favourable opinion on three candidates: Czech nominee Jan Gregor (renewal), Latvian nominee Mihails Kozlovs (renewal) and Slovenian nominee Kristijan Petrovič (new candidate). CONT gave an unfavourable opinion, however, on the renewal of Polish nominee Marek Opioła's mandate. A plenary vote is scheduled for the January ...

On 3 September 2020, the European Commission published its 31st annual report on the fight against fraud affecting EU financial interests, covering the year 2019. In total, 11 726 irregularities were reported to the Commission, 2 % fewer than in 2018. They involved approximately €1.6 billion, 34 % less than in the previous year. Parliament's Committee on Budgetary Control has adopted a report on the Commission's annual report, which is due to be discussed and voted during the July plenary session ...

EU Anti-fraud programme 2021-2027

At a Glance 21-04-2021

In 2018, the Commission proposed a regulation aimed at establishing the European Union's anti-fraud programme for the duration of the 2021-2027 Multiannual Financial Framework. It will support Member States' efforts to combat fraud, corruption and other illegal activities affecting the financial interests of the European Union. The financial envelope for the implementation of the programme for 2021 to 2027 will amount to €181.2 million (current prices). An early second-reading agreement was reached ...

During the April plenary session, the European Parliament is expected to decide on granting discharge for the 2019 financial year to the different institutions and bodies of the European Union (EU). The first item on the agenda of the debate and vote on discharge 2019 is the report covering the European Commission (including six executive agencies) which is in charge of the management of the biggest share of the EU budget. Separate discharge is granted to the Commission concerning the management ...

Dedicated to programmes and funds supporting agriculture and maritime policy, and environment and climate change, Heading 3 is the second biggest in terms of funding in the new multiannual financial framework (MFF) for 2021 2027. The two agricultural funds – the European Agricultural Guarantee Fund (EAGF) and the Agricultural Fund for Rural Development (EAFRD) – continue to absorb the greater part of the financial resources under this heading. However, the European Commission had proposed an amount ...