About: Multi-Annual Financial Framework (MFF)
Germany’s EU Presidency: Merkel had to fix it
The turn of the year marks the end of the German presidency of the EU Council. When Angela Merkel's government took over in July, it was already clear that all previous plans had gone up in smoke and there was only one priority left: dealing with the pandemic. EURACTIV Germany reports.EU leaders unlock historic €1.8 trillion budget deal
EU leaders accepted on Thursday (10 December) the compromise reached between Germany and Hungary and Poland to unblock the EU budget package totalling €1.8 trillion, after the European Commission clarified that the Rule of Law mechanism will be valid from 1 January.Polish PM says extra summit may be needed to unblock EU budget
The European Union may need to hold an extra summit to secure agreement on its planned economic recovery fund and budget, Polish Prime Minister Mateusz Morawiecki said on Tuesday (8 December).Commission considers options for recovery fund without Hungary and Poland
The European Commission is assessing options to circumvent Hungary and Poland’s veto to the EU budget and the recovery fund, and could come up with a proposal early next year if their blockade remains, a senior EU official confirmed on Wednesday (2 December).Tweets of the Week: Rule of Law, Brexit mascot and vaccine efficacy claims
Hungary and Poland scupper rule of law aims, Brexit talks seem to be going down in flames, and vaccines efficacy sparks spurious claims!Hungary and Poland veto stimulus against pandemic
Hungary and Poland blocked the approval of the EU’s seven-year budget and the recovery fund totalling €1.81 trillion, as both countries continued to oppose the rule of law mechanism attached to the EU funds.Hunger-striking MEP wants more EU money for health, climate and jobs
In an unprecedented move, French MEP and general rapporteur for the 2021 budget, Pierre Larrouturou, begins his 13th day of hunger strike on Monday (9 November). His objective: to achieve more resources for health, climate and employment by taxing financial transactions. EURACTIV France reports.EU budget chief sees deal on bloc’s long-term finances on Monday
The European Parliament and the bloc's national governments are likely to reach a deal on the EU's €1.1 trillion long-term budget for 2021-2027 on Monday (9 November), the European Commission's Budget Commissioner Johannes Hahn said.Parliament and Council near agreement on rule of law conditionality
The European Parliament and the Council were close to reaching an agreement on Thursday (29 October) on the Rule of Law conditionality attached to EU funds, but they continued to disagree on how to trigger the mechanism.Europe urged to align budget with green finance rules
The EU’s sustainable finance taxonomy should be systematically applied to track green investments in the bloc’s next long-term budget and coronavirus recovery fund, which together amount to €1.8 trillion over the next seven years, according to a new report launched on Wednesday (28 October).EU budget deal ‘virtually impossible’ without face-to-face talks
Reaching an agreement over the EU's €1.8 trillion seven-year budget and recovery plan will be "virtually impossible" without face-to-face meetings, warned the German EU Presidency.OpinionPromoted content
Financing the energy transition should take into account regional differences between Member States
An increased EU’s emission reduction target by 2030 is currently a hotly debated topic in Brussels. Regardless of whether the target will be 55% or 60%, reaching EU’s ambitious climate change targets requires significant investment outlays. Paweł Strączyński is PGE’s...Erasmus celebrated worldwide as MEPs push for more funding
As Europe celebrates its flagship educational mobility programme, lawmakers in the European Parliament are fighting to increase the budget for what is widely regarded as one of the EU's greatest achievements.Sassoli calls for ‘imagination’ to overcome budget negotiations deadlock
European Parliament President David Sassoli asked EU leaders on Thursday (15 October) to increase their financial contributions to the EU budget and called for “imagination” to make progress on the stalled negotiations.Budget battle heats up as negotiators hit stalemate
The European Parliament and the Council failed to make any progress on Wednesday (14 October) on the budget negotiations and accused each other of presenting misleading figures of the additional funds requested for the EU’s long-term budget.OpinionPromoted content