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In March 2021, the European Commission announced a legislative proposal to revise the EU Financial Regulation to align it with the 2021 2027 multiannual financial framework and Next Generation EU. In anticipation of the Commission's proposals, an own-initiative report by the relevant European Parliament committees clearly expresses expectations of a stronger Parliamentary role in the budgetary scrutiny of Next Generation EU funds, and the integration of the rule-of-law conditionality in the Financial ...

In April 2021, the European Parliament decided to postpone the decision on granting discharge to the European Council and Council for the 2019 budget, and presented a number of observations. Parliament’s Committee on Budgetary Control has examined the situation again, and, in its second report, recommends not granting discharge to these two institutions. The vote on the second discharge report is scheduled for the October II plenary session.

In April 2021, the European Parliament decided to postpone the decision on granting discharge to the European Border and Coast Guard Agency for the 2019 budget, and presented a number of observations. Parliament's Committee on Budgetary Control has examined the situation again and now, in its second report, recommends granting discharge. The Committee nevertheless recommends 'freezing' part of the Agency's budget, insisting on the need to move swiftly to address the issues that remain concerning ...

Draft Amending Budget No 2/2021 (DAB 2/2021) aims to finance actions for prevention and the response to the coronavirus pandemic, in particular preparatory work for the 'digital green certificate' and genetic sequencing. It also introduces technical adjustments following the adoption of the Multiannual Financial Framework (MFF) for 2021-2027, and secures part of the financing for mobilisation of the EU Solidarity Fund (EUSF) – for which a decision is submitted simultaneously. The proposed EUSF mobilisation ...

The European Parliament’s Committee on Budgetary Control (CONT) recommends granting discharge for the administrative sections of the EU budget for 2019, with the exception of the European Council and Council for which it recommends postponing the decision on granting discharge. The votes on the discharge reports are expected to take place during the April plenary session.

The European Union's long-term budget, the multiannual financial framework (MFF) sets out the maximum annual amounts of spending for a seven-year period. The 2021 2027 MFF is structured around the EU's spending priorities, reflected in broad categories of expenditure or 'headings'. Following the Covid 19 outbreak, the EU's recovery instrument, Next Generation EU (NGEU), will reinforce the EU long-term budget. Heading 1 – Single market, innovation and digital – covers spending in four policy areas ...

This briefing provides a graphic presentation of the long-term EU budget adopted on 17 December 2020, enabling the EU to finance the extraordinary needs in the aftermath of the Covid-19 pandemic. It highlights the improvements that the European Parliament achieved in particular.

In May 2020, the European Parliament decided to postpone the decision on granting discharge to the European Council and Council, and to the European Economic and Social Committee (EESC) for the 2018 budget, and presented a number of observations. Parliament’s Committee on Budgetary Control has examined the situation again, and, in its second reports, recommends not granting discharge to these institutions. The votes on the second discharge reports are scheduled for the October II plenary session. ...

Draft Amending Budget No 8/2020 (DAB 8/2020) aims to provide additional payments of €6.2 billion in 2020. Of this amount, €1.1 billion is needed for the financing of actions contributing to the deployment of an effective and safe vaccine against Covid-19, assumed under the Emergency Support Instrument (ESI). Cohesion funds will be reinforced with €5.1 billion to ensure that a sufficient amount of payments is available to cover the Member States’ reimbursement requests for actions taken under the ...

The current multiannual financial framework (MFF), also known as the EU's long-term budget, comes to an end this year. While the European Commission put forward a proposal for the next MFF and its financing in May 2018, agreement has so far proved elusive under legislative procedures that give a veto power to each Member State. In recent months, the unfinished negotiations have become intertwined with the debate on the creation of a common EU tool to counter the severe socio-economic consequences ...