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On 11 February 2026, the European Parliament adopted three legislative acts to implement a €90 billion loan to Ukraine to cover the country's financial needs for the years 2026 and 2027: (i) a Ukraine Support Loan financed by the EU except for Czechia, Hungary and Slovakia; (ii) an amendment of the Ukraine Facility to use it for the disbursement of the new loan; and (iii) an amendment to the EU's multiannual financial framework (MFF) to use it as a guarantee for the loan, and to finance the grants ...

This digest provides a collection of documents prepared by academia, think tanks, other EU institutions and bodies, as well as stakeholders that could be useful for Members of the European Parliament's Committee on Budgets to stay informed about the debate concerning the next Multiannual Financial Framework, starting in 2028. The document is produced monthly by the Budgetary Support Unit in the Directorate-General for Budgetary Affairs (DG BUDG) and the Members' Research Service in the European Parliamentary ...

On 16 July 2025, the European Commission adopted a proposal for a multiannual financial framework (MFF) regulation for 2028 to 2034, together with a proposal for an interinstitutional agreement between the European Parliament, the Council and the Commission (IIA), which would set the provisions governing cooperation on the budget. These texts define spending priorities and expenditure ceilings and set budgetary rules for 2028 to 2034. The Commission proposes a budget of €1.76 trillion (2025 prices ...

As part of its sectoral proposals within the EU's long-term budget for the 2028-2034 period, the European Commission presented a proposal for a Council Regulation establishing the nuclear decommissioning assistance programme of the Ignalina nuclear power plant in Lithuania for 2028-2034. The Ignalina programme aims to assist Lithuania in managing the radiological safety challenges of decommissioning the nuclear power plant. It also aims to create knowledge for EU Member States and third countries ...

Value added tax (VAT) is a cornerstone of national public finances and an important source of revenue for the EU budget. Missing trader intra-Community (MTIC) fraud – often perpetrated by organised criminal networks – is among the most damaging forms of VAT fraud, causing annual revenue losses running into the billions, and underscoring the need for effective anti-fraud tools. One such tool is the reverse charge mechanism, under which the liability to account for VAT is shifted from the supplier ...

This briefing examines whether the Commission’s 16 July 2025 MFF package can credibly support social mainstreaming in the EU budget and a results-oriented approach aligned with the European Pillar of Social Rights (EPSR). It benchmarks the proposal against recent BUDG and CONT studies and briefings and flags gaps relevant for parliamentary oversight and legislative scrutiny. It argues that the proposed tracking logic conflates tagged spending and narrow delivery metrics with “results on the ground ...

The Commission’s proposed Performance Regulation for the 2028–2034 MFF would replace the current fragmented system (thousands of programme indicators and multiple portals) with a single horizontal framework for expenditure tracking and performance reporting. The briefing argues this is politically consequential because standardisation defines what “counts” as EU budget performance. It may improve comparability and oversight, but risks forcing comparability across very different areas, favouring outputs ...

In order to provide an overview of the debate on own resources in the context of the forthcoming negotiations on the Multiannual Financial Framework (MFF) 2028-2034, this mapping exercise aims to capture the EU’s overall revenue landscape. It covers existing EU own resources, proposed new own resources put forward by the European Commission as part of the MFF 2028–2034 package, own resources provided for in the 2020 Interinstitutional Agreement, as well as alternative new resources outlined in European ...

The briefing explores the implementation of the recommendations made by Draghi over a year ago. The question is if and how the Commission has included the points raised in the Draghi report in the proposal for the 2028-2034 Multiannual Financial Framework (MFF). The main findings are, the EU’s investment gap remains structurally large and dual in nature, administrative simplification in the proposed MFF is substantial, but governance weaknesses persist, under the proposed MFF, the EU has moved decisively ...

The Commission proposed a European Competitiveness Fund (ECF) for the 2028-2034 Multiannual Financial Framework (MFF). Part of ECF is the investment in defence. The briefing provides policy recommendations regarding defence in the ECF. The main recommendations are, to establish a European strategic framework for defence, concentrate EU funding on high-value-added capability areas, shift the centre of gravity from R&D towards industrial scale-up and demand, and address fiscal asymmetries through complementary ...