Deal on mid-term revision of EU’s long-term budget | Nieuws | Europees Parlement

 

Deal on mid-term revision of EU’s long-term budget 

Persbericht 
 
 
  • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
  • A financial boost to secure long-term support for Ukraine, and for other priorities 
  • Changes to EU budget tackle current and future challenges 
  • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 

Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.

On Tuesday, negotiators from the Parliament and the Council of the EU reached a provisional political agreement regarding the update of the EU's long-term budget.

This update reflects the demands put forward by the Parliament in December 2022, calling for a reform of the EU budget to respond more effectively to evolving needs and unforeseen circumstances, to address funding gaps, provide a structural solution for NextGenerationEU borrowing costs, and ensure a stable financing solution for Ukraine.

This revision will also integrate the Ukraine Facility and the "Strategic Technologies for Europe Platform" (STEP), once agreement on it is reached, into the EU's multiannual financial framework.


Additional funding for 2024-2027

The Ukraine Facility comprises €50 billion of loans (€33 billion) and grants (€17 billion).

For migration and external challenges, the budget revision allocates an additional €2 billion for migration and border management, and €3.1 billion to support priorities in the EU's neighbouring regions and globally. An additional €4.5 billion will be redeployed from other EU programmes in external policy.

The EU's crisis preparedness and budgetary flexibility are strengthened with an additional €3.5 billion. Moreover, the STEP initiative receives €1.5 billion specifically for its defence investment component. Reinforced priorities are covered through a mix of fresh money and funds redeployed from other programmes.


Interest payments for the “Next Generation EU” (NGEU) initiative

In line with Parliament’s demands, the budget revision introduces a mechanism to tackle the escalating costs linked to the repayment of the NGEU recovery plan amid surging interest rates.

This would protect EU programmes such as the Erasmus+ or financing for cross-border transport and energy infrastructure from cuts and safeguard flexibility options, should costs run beyond what was originally budgeted for. The new mechanism includes the use of unspent money that would otherwise be lost to the EU budget and a backstop with additional member state contributions if needed.

Furthermore, Parliament managed to guarantee a smooth implementation of the EU4Health programme until 2027.


Quotes

Johan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets: "The revision of the EU long-term financial programming framework is long-awaited and a responsible answer of the EU budgetary authority to current challenges. But this can only be a starting point for a thorough rethink with regard to EU action in the future as for example the war in Ukraine will demand more effort in the time to come. I also deeply regret the included cuts in the funds for Horizon Europe, our successful common research and development programme. Divesting in this field cannot be the way forward to secure growth and jobs in our part of the world."

Jan Olbrycht (EPP, PL), MFF co-rapporteur: "We welcome the agreement on a revised Multiannual Financial Framework (MFF) for 2021-2027, aiming to secure a stable budget until the end of 2027, enabling Union citizens to benefit from uninterrupted and robust implementation of EU policies over the long term. In response to unforeseen crises, notably Russian aggression against Ukraine, a EUR 50 billion support package was crucial for addressing Ukraine’s immediate needs and aiding in its recovery. Moreover, structural improvements to the EU budget were essential to accommodate increased NGEU debt costs, migration challenges, and to enhance flexibility, ensuring swift responses to unexpected events."

Margarida Marques (S&D, PT), MFF co-rapporteur: “We have a deal on a real MFF revision. One that not only provides aid to Ukrainians from the EU budget, but in which we have reinforced our ability to respond to the demands of EU citizens. We have serious challenges ahead, and even if we would have liked an even more ambitious and comprehensive revision, today's agreement provides the Union with more capacity than before to respond. We have taken a first step in strengthening EU Strategic Autonomy and we have more means to address migration – including through the new Migration Pact - and more Humanitarian Aid.”


Next steps

The provisional political agreement still has to be formally approved by the Council of the EU, and the Parliament. Parliament plans to vote in its 26-29 February plenary session.


Background

The Multiannual Financial Framework (MFF) sets the annual limits (expenditure ‘ceilings’) on EU commitments in different policy areas (broad categories of spending called 'headings') and on overall annual payments for a period of seven years. The current framework for 2021-2027 was adopted in 2020. The European Commission proposed a mid-term revision on 20 June 2023. Parliament’s position is here.

 
  • Direct naar de inhoud van de pagina (druk op "Enter")
  • Direct naar de inhoud van de pagina (druk op "Enter")Direct naar de inhoud van de pagina (druk op "Enter")
  • Rechtstreeks naar talenmenu (druk op "Enter")
  • Rechtstreeks naar talenmenu (druk op "Enter")Rechtstreeks naar talenmenu (druk op "Enter")
  • Rechtstreeks naar zoekmenu (druk op "Enter")
  • Rechtstreeks naar zoekmenu (druk op "Enter")Rechtstreeks naar zoekmenu (druk op "Enter")
  • BG - български
  • BG - български BG - българскиBG - български
  • ES - español
  • ES - español ES - españolES - español
  • CS - čeština
  • CS - čeština CS - češtinaCS - čeština
  • DA - dansk
  • DA - dansk DA - danskDA - dansk
  • DE - Deutsch
  • DE - Deutsch DE - DeutschDE - Deutsch
  • ET - eesti keel
  • ET - eesti keel ET - eesti keelET - eesti keel
  • EL - ελληνικά
  • EL - ελληνικά EL - ελληνικάEL - ελληνικά
  • EN - English
  • EN - English EN - EnglishEN - English
  • FR - français
  • FR - français FR - françaisFR - français
  • GA - Gaeilge
  • GA - Gaeilge GA - GaeilgeGA - Gaeilge
  • HR - hrvatski
  • HR - hrvatski HR - hrvatskiHR - hrvatski
  • IT - italiano
  • IT - italiano IT - italianoIT - italiano
  • LV - latviešu valoda
  • LV - latviešu valoda LV - latviešu valodaLV - latviešu valoda
  • LT - lietuvių kalba
  • LT - lietuvių kalba LT - lietuvių kalbaLT - lietuvių kalba
  • HU - magyar
  • HU - magyar HU - magyarHU - magyar
  • MT - Malti
  • MT - Malti MT - MaltiMT - Malti
  • NL - Nederlands
  • NL - Nederlands NL - NederlandsNL - Nederlands
  • PL - polski
  • PL - polski PL - polskiPL - polski
  • PT - português
  • PT - português PT - portuguêsPT - português
  • RO - română
  • RO - română RO - românăRO - română
  • SK - slovenčina
  • SK - slovenčina SK - slovenčinaSK - slovenčina
  • SL - slovenščina
  • SL - slovenščina SL - slovenščinaSL - slovenščina
  • FI - suomi
  • FI - suomi FI - suomiFI - suomi
  • SV - svenska
  • SV - svenska SV - svenskaSV - svenska
  • Naar pagina gaan Nieuws
  • Naar pagina gaan Nieuws Naar pagina gaan Nieuws Naar pagina gaanNieuws
  • Naar pagina gaan Leden
  • Naar pagina gaan Leden Naar pagina gaan Leden Naar pagina gaanLeden
  • Naar pagina gaan Over het Parlement
  • Naar pagina gaan Over het Parlement Naar pagina gaan Over het Parlement Naar pagina gaanOver het Parlement
  • Naar pagina gaan Plenaire vergadering
  • Naar pagina gaan Plenaire vergadering Naar pagina gaan Plenaire vergadering Naar pagina gaanPlenaire vergadering
  • Naar pagina gaan Commissies
  • Naar pagina gaan Commissies Naar pagina gaan Commissies Naar pagina gaanCommissies
  • Naar pagina gaan Delegaties
  • Naar pagina gaan Delegaties Naar pagina gaan Delegaties Naar pagina gaanDelegaties
  • Submenu bekijken: Andere websites Submenu bekijken:Andere websites
  • Naar pagina gaan Multimedia Centre
  • Naar pagina gaan Multimedia Centre Naar pagina gaan Multimedia Centre Naar pagina gaanMultimedia Centre
  • Naar pagina gaan Webpagina van de Voorzitter
  • Naar pagina gaan Webpagina van de Voorzitter Naar pagina gaan Webpagina van de Voorzitter Naar pagina gaanWebpagina van de Voorzitter
  • Naar pagina gaan Secretariaat-generaal
  • Naar pagina gaan Secretariaat-generaal Naar pagina gaan Secretariaat-generaal Naar pagina gaanSecretariaat-generaal
  • Naar pagina gaan Think tank
  • Naar pagina gaan Think tank Naar pagina gaan Think tank Naar pagina gaanThink tank
  • Naar pagina gaan EP Newshub
  • Naar pagina gaan EP Newshub Naar pagina gaan EP Newshub Naar pagina gaanEP Newshub
  • Naar pagina gaan Tot uw dienst
  • Naar pagina gaan Tot uw dienst Naar pagina gaan Tot uw dienst Naar pagina gaanTot uw dienst
  • Naar pagina gaan Bezoeken
  • Naar pagina gaan Bezoeken Naar pagina gaan Bezoeken Naar pagina gaanBezoeken
  • Naar pagina gaan Legislative train
  • Naar pagina gaan Legislative train Naar pagina gaan Legislative train Naar pagina gaanLegislative train
  • Naar pagina gaan Contracten en subsidies
  • Naar pagina gaan Contracten en subsidies Naar pagina gaan Contracten en subsidies Naar pagina gaanContracten en subsidies
  • Naar pagina gaan Registreren
  • Naar pagina gaan Registreren Naar pagina gaan Registreren Naar pagina gaanRegistreren
  • Naar pagina gaan Opendataportaal
  • Naar pagina gaan Opendataportaal Naar pagina gaan Opendataportaal Naar pagina gaanOpendataportaal
  • Naar pagina gaan Liaisonbureaus
  • Naar pagina gaan Liaisonbureaus Naar pagina gaan Liaisonbureaus Naar pagina gaanLiaisonbureaus
    Nieuws Europees Parlement NieuwsNieuws Europees Parlement Europees Parlement Menu Menu
  • Nieuws
  • Nieuws Nieuws Nieuws
  • Naar pagina gaan Startpagina
  • Naar pagina gaan Startpagina Naar pagina gaan Startpagina Naar pagina gaanStartpagina
  • Naar pagina gaan Europese zaken
  • Naar pagina gaan Europese zaken Naar pagina gaan Europese zaken Naar pagina gaanEuropese zaken
  • Naar pagina gaan Wereld
  • Naar pagina gaan Wereld Naar pagina gaan Wereld Naar pagina gaanWereld
  • Naar pagina gaan Economie
  • Naar pagina gaan Economie Naar pagina gaan Economie Naar pagina gaanEconomie
  • Naar pagina gaan Maatschappij
  • Naar pagina gaan Maatschappij Naar pagina gaan Maatschappij Naar pagina gaanMaatschappij
  • Naar pagina gaan Veiligheid
  • Naar pagina gaan Veiligheid Naar pagina gaan Veiligheid Naar pagina gaanVeiligheid
  • Pers
  • Pers Pers Pers
  • Naar pagina gaan Startpagina
  • Naar pagina gaan Startpagina Naar pagina gaan Startpagina Naar pagina gaanStartpagina
  • Naar pagina gaan Accreditatie
  • Naar pagina gaan Accreditatie Naar pagina gaan Accreditatie Naar pagina gaanAccreditatie
  • Naar pagina gaan Online persdossier
  • Naar pagina gaan Online persdossier Naar pagina gaan Online persdossier Naar pagina gaanOnline persdossier
  • Naar pagina gaan Contact
  • Naar pagina gaan Contact Naar pagina gaan Contact Naar pagina gaanContact
  • Agenda
  • Agenda Agenda Agenda
  • Naar pagina gaan Hoogtepunten
  • Naar pagina gaan Hoogtepunten Naar pagina gaan Hoogtepunten Naar pagina gaanHoogtepunten
  • Naar pagina gaan Wekelijkse agenda
  • Naar pagina gaan Wekelijkse agenda Naar pagina gaan Wekelijkse agenda Naar pagina gaanWekelijkse agenda
  • Naar pagina gaan Briefing
  • Naar pagina gaan Briefing Naar pagina gaan Briefing Naar pagina gaanBriefing
  • Veelgestelde vragen
  • Veelgestelde vragen Veelgestelde vragen Veelgestelde vragen
  • Naar pagina gaan Mediakit verkiezingen
  • Naar pagina gaan Mediakit verkiezingen Naar pagina gaan Mediakit verkiezingen Naar pagina gaanMediakit verkiezingenNaar het zoekveld
    Zoekopdracht starten Europees Parlement
    Terug naar pagina : Pers Pers   Huidige pagina: Deal on mid-term revision of EU’s long-term budget  
    Terug naar pagina : Pers Pers   Terug naar pagina : Pers Pers  Terug naar pagina : PersPers  Huidige pagina: Deal on mid-term revision of EU’s long-term budget   Huidige pagina: Deal on mid-term revision of EU’s long-term budget   Huidige pagina:Deal on mid-term revision of EU’s long-term budget  Terug naar pagina : Pers Pers  Terug naar pagina : PersPers 
     

    Deal on mid-term revision of EU’s long-term budget 

    Persbericht 
     
     
    • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
    • A financial boost to secure long-term support for Ukraine, and for other priorities 
    • Changes to EU budget tackle current and future challenges 
    • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 

    Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.

    On Tuesday, negotiators from the Parliament and the Council of the EU reached a provisional political agreement regarding the update of the EU's long-term budget.

    This update reflects the demands put forward by the Parliament in December 2022, calling for a reform of the EU budget to respond more effectively to evolving needs and unforeseen circumstances, to address funding gaps, provide a structural solution for NextGenerationEU borrowing costs, and ensure a stable financing solution for Ukraine.

    This revision will also integrate the Ukraine Facility and the "Strategic Technologies for Europe Platform" (STEP), once agreement on it is reached, into the EU's multiannual financial framework.


    Additional funding for 2024-2027

    The Ukraine Facility comprises €50 billion of loans (€33 billion) and grants (€17 billion).

    For migration and external challenges, the budget revision allocates an additional €2 billion for migration and border management, and €3.1 billion to support priorities in the EU's neighbouring regions and globally. An additional €4.5 billion will be redeployed from other EU programmes in external policy.

    The EU's crisis preparedness and budgetary flexibility are strengthened with an additional €3.5 billion. Moreover, the STEP initiative receives €1.5 billion specifically for its defence investment component. Reinforced priorities are covered through a mix of fresh money and funds redeployed from other programmes.


    Interest payments for the “Next Generation EU” (NGEU) initiative

    In line with Parliament’s demands, the budget revision introduces a mechanism to tackle the escalating costs linked to the repayment of the NGEU recovery plan amid surging interest rates.

    This would protect EU programmes such as the Erasmus+ or financing for cross-border transport and energy infrastructure from cuts and safeguard flexibility options, should costs run beyond what was originally budgeted for. The new mechanism includes the use of unspent money that would otherwise be lost to the EU budget and a backstop with additional member state contributions if needed.

    Furthermore, Parliament managed to guarantee a smooth implementation of the EU4Health programme until 2027.


    Quotes

    Johan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets: "The revision of the EU long-term financial programming framework is long-awaited and a responsible answer of the EU budgetary authority to current challenges. But this can only be a starting point for a thorough rethink with regard to EU action in the future as for example the war in Ukraine will demand more effort in the time to come. I also deeply regret the included cuts in the funds for Horizon Europe, our successful common research and development programme. Divesting in this field cannot be the way forward to secure growth and jobs in our part of the world."

    Jan Olbrycht (EPP, PL), MFF co-rapporteur: "We welcome the agreement on a revised Multiannual Financial Framework (MFF) for 2021-2027, aiming to secure a stable budget until the end of 2027, enabling Union citizens to benefit from uninterrupted and robust implementation of EU policies over the long term. In response to unforeseen crises, notably Russian aggression against Ukraine, a EUR 50 billion support package was crucial for addressing Ukraine’s immediate needs and aiding in its recovery. Moreover, structural improvements to the EU budget were essential to accommodate increased NGEU debt costs, migration challenges, and to enhance flexibility, ensuring swift responses to unexpected events."

    Margarida Marques (S&D, PT), MFF co-rapporteur: “We have a deal on a real MFF revision. One that not only provides aid to Ukrainians from the EU budget, but in which we have reinforced our ability to respond to the demands of EU citizens. We have serious challenges ahead, and even if we would have liked an even more ambitious and comprehensive revision, today's agreement provides the Union with more capacity than before to respond. We have taken a first step in strengthening EU Strategic Autonomy and we have more means to address migration – including through the new Migration Pact - and more Humanitarian Aid.”


    Next steps

    The provisional political agreement still has to be formally approved by the Council of the EU, and the Parliament. Parliament plans to vote in its 26-29 February plenary session.


    Background

    The Multiannual Financial Framework (MFF) sets the annual limits (expenditure ‘ceilings’) on EU commitments in different policy areas (broad categories of spending called 'headings') and on overall annual payments for a period of seven years. The current framework for 2021-2027 was adopted in 2020. The European Commission proposed a mid-term revision on 20 June 2023. Parliament’s position is here.

     
     

    Deal on mid-term revision of EU’s long-term budget 

    Persbericht 
     
     

    Deal on mid-term revision of EU’s long-term budget 

    Persbericht 
     
     
     

    Deal on mid-term revision of EU’s long-term budget 

    Persbericht 
     

    Deal on mid-term revision of EU’s long-term budget 

    Persbericht 
     

    Deal on mid-term revision of EU’s long-term budget 

    Persbericht 
     

    Deal on mid-term revision of EU’s long-term budget 

    Deal on mid-term revision of EU’s long-term budget 
    Deal on mid-term revision of EU’s long-term budget 
    Persbericht 
     
    Persbericht 
    Persbericht  BUDG  BUDGBUDG 
     
     
     
    • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
    • A financial boost to secure long-term support for Ukraine, and for other priorities 
    • Changes to EU budget tackle current and future challenges 
    • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 

    Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.

    On Tuesday, negotiators from the Parliament and the Council of the EU reached a provisional political agreement regarding the update of the EU's long-term budget.

    This update reflects the demands put forward by the Parliament in December 2022, calling for a reform of the EU budget to respond more effectively to evolving needs and unforeseen circumstances, to address funding gaps, provide a structural solution for NextGenerationEU borrowing costs, and ensure a stable financing solution for Ukraine.

    This revision will also integrate the Ukraine Facility and the "Strategic Technologies for Europe Platform" (STEP), once agreement on it is reached, into the EU's multiannual financial framework.


    Additional funding for 2024-2027

    The Ukraine Facility comprises €50 billion of loans (€33 billion) and grants (€17 billion).

    For migration and external challenges, the budget revision allocates an additional €2 billion for migration and border management, and €3.1 billion to support priorities in the EU's neighbouring regions and globally. An additional €4.5 billion will be redeployed from other EU programmes in external policy.

    The EU's crisis preparedness and budgetary flexibility are strengthened with an additional €3.5 billion. Moreover, the STEP initiative receives €1.5 billion specifically for its defence investment component. Reinforced priorities are covered through a mix of fresh money and funds redeployed from other programmes.


    Interest payments for the “Next Generation EU” (NGEU) initiative

    In line with Parliament’s demands, the budget revision introduces a mechanism to tackle the escalating costs linked to the repayment of the NGEU recovery plan amid surging interest rates.

    This would protect EU programmes such as the Erasmus+ or financing for cross-border transport and energy infrastructure from cuts and safeguard flexibility options, should costs run beyond what was originally budgeted for. The new mechanism includes the use of unspent money that would otherwise be lost to the EU budget and a backstop with additional member state contributions if needed.

    Furthermore, Parliament managed to guarantee a smooth implementation of the EU4Health programme until 2027.


    Quotes

    Johan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets: "The revision of the EU long-term financial programming framework is long-awaited and a responsible answer of the EU budgetary authority to current challenges. But this can only be a starting point for a thorough rethink with regard to EU action in the future as for example the war in Ukraine will demand more effort in the time to come. I also deeply regret the included cuts in the funds for Horizon Europe, our successful common research and development programme. Divesting in this field cannot be the way forward to secure growth and jobs in our part of the world."

    Jan Olbrycht (EPP, PL), MFF co-rapporteur: "We welcome the agreement on a revised Multiannual Financial Framework (MFF) for 2021-2027, aiming to secure a stable budget until the end of 2027, enabling Union citizens to benefit from uninterrupted and robust implementation of EU policies over the long term. In response to unforeseen crises, notably Russian aggression against Ukraine, a EUR 50 billion support package was crucial for addressing Ukraine’s immediate needs and aiding in its recovery. Moreover, structural improvements to the EU budget were essential to accommodate increased NGEU debt costs, migration challenges, and to enhance flexibility, ensuring swift responses to unexpected events."

    Margarida Marques (S&D, PT), MFF co-rapporteur: “We have a deal on a real MFF revision. One that not only provides aid to Ukrainians from the EU budget, but in which we have reinforced our ability to respond to the demands of EU citizens. We have serious challenges ahead, and even if we would have liked an even more ambitious and comprehensive revision, today's agreement provides the Union with more capacity than before to respond. We have taken a first step in strengthening EU Strategic Autonomy and we have more means to address migration – including through the new Migration Pact - and more Humanitarian Aid.”


    Next steps

    The provisional political agreement still has to be formally approved by the Council of the EU, and the Parliament. Parliament plans to vote in its 26-29 February plenary session.


    Background

    The Multiannual Financial Framework (MFF) sets the annual limits (expenditure ‘ceilings’) on EU commitments in different policy areas (broad categories of spending called 'headings') and on overall annual payments for a period of seven years. The current framework for 2021-2027 was adopted in 2020. The European Commission proposed a mid-term revision on 20 June 2023. Parliament’s position is here.

     
     
    • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
    • A financial boost to secure long-term support for Ukraine, and for other priorities 
    • Changes to EU budget tackle current and future challenges 
    • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 

    Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.

    On Tuesday, negotiators from the Parliament and the Council of the EU reached a provisional political agreement regarding the update of the EU's long-term budget.

    This update reflects the demands put forward by the Parliament in December 2022, calling for a reform of the EU budget to respond more effectively to evolving needs and unforeseen circumstances, to address funding gaps, provide a structural solution for NextGenerationEU borrowing costs, and ensure a stable financing solution for Ukraine.

    This revision will also integrate the Ukraine Facility and the "Strategic Technologies for Europe Platform" (STEP), once agreement on it is reached, into the EU's multiannual financial framework.


    Additional funding for 2024-2027

    The Ukraine Facility comprises €50 billion of loans (€33 billion) and grants (€17 billion).

    For migration and external challenges, the budget revision allocates an additional €2 billion for migration and border management, and €3.1 billion to support priorities in the EU's neighbouring regions and globally. An additional €4.5 billion will be redeployed from other EU programmes in external policy.

    The EU's crisis preparedness and budgetary flexibility are strengthened with an additional €3.5 billion. Moreover, the STEP initiative receives €1.5 billion specifically for its defence investment component. Reinforced priorities are covered through a mix of fresh money and funds redeployed from other programmes.


    Interest payments for the “Next Generation EU” (NGEU) initiative

    In line with Parliament’s demands, the budget revision introduces a mechanism to tackle the escalating costs linked to the repayment of the NGEU recovery plan amid surging interest rates.

    This would protect EU programmes such as the Erasmus+ or financing for cross-border transport and energy infrastructure from cuts and safeguard flexibility options, should costs run beyond what was originally budgeted for. The new mechanism includes the use of unspent money that would otherwise be lost to the EU budget and a backstop with additional member state contributions if needed.

    Furthermore, Parliament managed to guarantee a smooth implementation of the EU4Health programme until 2027.


    Quotes

    Johan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets: "The revision of the EU long-term financial programming framework is long-awaited and a responsible answer of the EU budgetary authority to current challenges. But this can only be a starting point for a thorough rethink with regard to EU action in the future as for example the war in Ukraine will demand more effort in the time to come. I also deeply regret the included cuts in the funds for Horizon Europe, our successful common research and development programme. Divesting in this field cannot be the way forward to secure growth and jobs in our part of the world."

    Jan Olbrycht (EPP, PL), MFF co-rapporteur: "We welcome the agreement on a revised Multiannual Financial Framework (MFF) for 2021-2027, aiming to secure a stable budget until the end of 2027, enabling Union citizens to benefit from uninterrupted and robust implementation of EU policies over the long term. In response to unforeseen crises, notably Russian aggression against Ukraine, a EUR 50 billion support package was crucial for addressing Ukraine’s immediate needs and aiding in its recovery. Moreover, structural improvements to the EU budget were essential to accommodate increased NGEU debt costs, migration challenges, and to enhance flexibility, ensuring swift responses to unexpected events."

    Margarida Marques (S&D, PT), MFF co-rapporteur: “We have a deal on a real MFF revision. One that not only provides aid to Ukrainians from the EU budget, but in which we have reinforced our ability to respond to the demands of EU citizens. We have serious challenges ahead, and even if we would have liked an even more ambitious and comprehensive revision, today's agreement provides the Union with more capacity than before to respond. We have taken a first step in strengthening EU Strategic Autonomy and we have more means to address migration – including through the new Migration Pact - and more Humanitarian Aid.”


    Next steps

    The provisional political agreement still has to be formally approved by the Council of the EU, and the Parliament. Parliament plans to vote in its 26-29 February plenary session.


    Background

    The Multiannual Financial Framework (MFF) sets the annual limits (expenditure ‘ceilings’) on EU commitments in different policy areas (broad categories of spending called 'headings') and on overall annual payments for a period of seven years. The current framework for 2021-2027 was adopted in 2020. The European Commission proposed a mid-term revision on 20 June 2023. Parliament’s position is here.

     
     
     

    Deel deze pagina: 

    Deel deze pagina: 
    Deel deze pagina: 
  • Facebook Facebook 
  • Twitter Twitter 
  • LinkedIn LinkedIn 
  • WhatsApp WhatsApp 
    • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
    • A financial boost to secure long-term support for Ukraine, and for other priorities 
    • Changes to EU budget tackle current and future challenges 
    • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 

    Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.

    On Tuesday, negotiators from the Parliament and the Council of the EU reached a provisional political agreement regarding the update of the EU's long-term budget.

    This update reflects the demands put forward by the Parliament in December 2022, calling for a reform of the EU budget to respond more effectively to evolving needs and unforeseen circumstances, to address funding gaps, provide a structural solution for NextGenerationEU borrowing costs, and ensure a stable financing solution for Ukraine.

    This revision will also integrate the Ukraine Facility and the "Strategic Technologies for Europe Platform" (STEP), once agreement on it is reached, into the EU's multiannual financial framework.


    Additional funding for 2024-2027

    The Ukraine Facility comprises €50 billion of loans (€33 billion) and grants (€17 billion).

    For migration and external challenges, the budget revision allocates an additional €2 billion for migration and border management, and €3.1 billion to support priorities in the EU's neighbouring regions and globally. An additional €4.5 billion will be redeployed from other EU programmes in external policy.

    The EU's crisis preparedness and budgetary flexibility are strengthened with an additional €3.5 billion. Moreover, the STEP initiative receives €1.5 billion specifically for its defence investment component. Reinforced priorities are covered through a mix of fresh money and funds redeployed from other programmes.


    Interest payments for the “Next Generation EU” (NGEU) initiative

    In line with Parliament’s demands, the budget revision introduces a mechanism to tackle the escalating costs linked to the repayment of the NGEU recovery plan amid surging interest rates.

    This would protect EU programmes such as the Erasmus+ or financing for cross-border transport and energy infrastructure from cuts and safeguard flexibility options, should costs run beyond what was originally budgeted for. The new mechanism includes the use of unspent money that would otherwise be lost to the EU budget and a backstop with additional member state contributions if needed.

    Furthermore, Parliament managed to guarantee a smooth implementation of the EU4Health programme until 2027.


    Quotes

    Johan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets: "The revision of the EU long-term financial programming framework is long-awaited and a responsible answer of the EU budgetary authority to current challenges. But this can only be a starting point for a thorough rethink with regard to EU action in the future as for example the war in Ukraine will demand more effort in the time to come. I also deeply regret the included cuts in the funds for Horizon Europe, our successful common research and development programme. Divesting in this field cannot be the way forward to secure growth and jobs in our part of the world."

    Jan Olbrycht (EPP, PL), MFF co-rapporteur: "We welcome the agreement on a revised Multiannual Financial Framework (MFF) for 2021-2027, aiming to secure a stable budget until the end of 2027, enabling Union citizens to benefit from uninterrupted and robust implementation of EU policies over the long term. In response to unforeseen crises, notably Russian aggression against Ukraine, a EUR 50 billion support package was crucial for addressing Ukraine’s immediate needs and aiding in its recovery. Moreover, structural improvements to the EU budget were essential to accommodate increased NGEU debt costs, migration challenges, and to enhance flexibility, ensuring swift responses to unexpected events."

    Margarida Marques (S&D, PT), MFF co-rapporteur: “We have a deal on a real MFF revision. One that not only provides aid to Ukrainians from the EU budget, but in which we have reinforced our ability to respond to the demands of EU citizens. We have serious challenges ahead, and even if we would have liked an even more ambitious and comprehensive revision, today's agreement provides the Union with more capacity than before to respond. We have taken a first step in strengthening EU Strategic Autonomy and we have more means to address migration – including through the new Migration Pact - and more Humanitarian Aid.”


    Next steps

    The provisional political agreement still has to be formally approved by the Council of the EU, and the Parliament. Parliament plans to vote in its 26-29 February plenary session.


    Background

    The Multiannual Financial Framework (MFF) sets the annual limits (expenditure ‘ceilings’) on EU commitments in different policy areas (broad categories of spending called 'headings') and on overall annual payments for a period of seven years. The current framework for 2021-2027 was adopted in 2020. The European Commission proposed a mid-term revision on 20 June 2023. Parliament’s position is here.

    • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
    • A financial boost to secure long-term support for Ukraine, and for other priorities 
    • Changes to EU budget tackle current and future challenges 
    • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 

    Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.

    On Tuesday, negotiators from the Parliament and the Council of the EU reached a provisional political agreement regarding the update of the EU's long-term budget.

    This update reflects the demands put forward by the Parliament in December 2022, calling for a reform of the EU budget to respond more effectively to evolving needs and unforeseen circumstances, to address funding gaps, provide a structural solution for NextGenerationEU borrowing costs, and ensure a stable financing solution for Ukraine.

    This revision will also integrate the Ukraine Facility and the "Strategic Technologies for Europe Platform" (STEP), once agreement on it is reached, into the EU's multiannual financial framework.


    Additional funding for 2024-2027

    The Ukraine Facility comprises €50 billion of loans (€33 billion) and grants (€17 billion).

    For migration and external challenges, the budget revision allocates an additional €2 billion for migration and border management, and €3.1 billion to support priorities in the EU's neighbouring regions and globally. An additional €4.5 billion will be redeployed from other EU programmes in external policy.

    The EU's crisis preparedness and budgetary flexibility are strengthened with an additional €3.5 billion. Moreover, the STEP initiative receives €1.5 billion specifically for its defence investment component. Reinforced priorities are covered through a mix of fresh money and funds redeployed from other programmes.


    Interest payments for the “Next Generation EU” (NGEU) initiative

    In line with Parliament’s demands, the budget revision introduces a mechanism to tackle the escalating costs linked to the repayment of the NGEU recovery plan amid surging interest rates.

    This would protect EU programmes such as the Erasmus+ or financing for cross-border transport and energy infrastructure from cuts and safeguard flexibility options, should costs run beyond what was originally budgeted for. The new mechanism includes the use of unspent money that would otherwise be lost to the EU budget and a backstop with additional member state contributions if needed.

    Furthermore, Parliament managed to guarantee a smooth implementation of the EU4Health programme until 2027.


    Quotes

    Johan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets: "The revision of the EU long-term financial programming framework is long-awaited and a responsible answer of the EU budgetary authority to current challenges. But this can only be a starting point for a thorough rethink with regard to EU action in the future as for example the war in Ukraine will demand more effort in the time to come. I also deeply regret the included cuts in the funds for Horizon Europe, our successful common research and development programme. Divesting in this field cannot be the way forward to secure growth and jobs in our part of the world."

    Jan Olbrycht (EPP, PL), MFF co-rapporteur: "We welcome the agreement on a revised Multiannual Financial Framework (MFF) for 2021-2027, aiming to secure a stable budget until the end of 2027, enabling Union citizens to benefit from uninterrupted and robust implementation of EU policies over the long term. In response to unforeseen crises, notably Russian aggression against Ukraine, a EUR 50 billion support package was crucial for addressing Ukraine’s immediate needs and aiding in its recovery. Moreover, structural improvements to the EU budget were essential to accommodate increased NGEU debt costs, migration challenges, and to enhance flexibility, ensuring swift responses to unexpected events."

    Margarida Marques (S&D, PT), MFF co-rapporteur: “We have a deal on a real MFF revision. One that not only provides aid to Ukrainians from the EU budget, but in which we have reinforced our ability to respond to the demands of EU citizens. We have serious challenges ahead, and even if we would have liked an even more ambitious and comprehensive revision, today's agreement provides the Union with more capacity than before to respond. We have taken a first step in strengthening EU Strategic Autonomy and we have more means to address migration – including through the new Migration Pact - and more Humanitarian Aid.”


    Next steps

    The provisional political agreement still has to be formally approved by the Council of the EU, and the Parliament. Parliament plans to vote in its 26-29 February plenary session.


    Background

    The Multiannual Financial Framework (MFF) sets the annual limits (expenditure ‘ceilings’) on EU commitments in different policy areas (broad categories of spending called 'headings') and on overall annual payments for a period of seven years. The current framework for 2021-2027 was adopted in 2020. The European Commission proposed a mid-term revision on 20 June 2023. Parliament’s position is here.

    • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
    • A financial boost to secure long-term support for Ukraine, and for other priorities 
    • Changes to EU budget tackle current and future challenges 
    • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 

    Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.

    On Tuesday, negotiators from the Parliament and the Council of the EU reached a provisional political agreement regarding the update of the EU's long-term budget.

    This update reflects the demands put forward by the Parliament in December 2022, calling for a reform of the EU budget to respond more effectively to evolving needs and unforeseen circumstances, to address funding gaps, provide a structural solution for NextGenerationEU borrowing costs, and ensure a stable financing solution for Ukraine.

    This revision will also integrate the Ukraine Facility and the "Strategic Technologies for Europe Platform" (STEP), once agreement on it is reached, into the EU's multiannual financial framework.


    Additional funding for 2024-2027

    The Ukraine Facility comprises €50 billion of loans (€33 billion) and grants (€17 billion).

    For migration and external challenges, the budget revision allocates an additional €2 billion for migration and border management, and €3.1 billion to support priorities in the EU's neighbouring regions and globally. An additional €4.5 billion will be redeployed from other EU programmes in external policy.

    The EU's crisis preparedness and budgetary flexibility are strengthened with an additional €3.5 billion. Moreover, the STEP initiative receives €1.5 billion specifically for its defence investment component. Reinforced priorities are covered through a mix of fresh money and funds redeployed from other programmes.


    Interest payments for the “Next Generation EU” (NGEU) initiative

    In line with Parliament’s demands, the budget revision introduces a mechanism to tackle the escalating costs linked to the repayment of the NGEU recovery plan amid surging interest rates.

    This would protect EU programmes such as the Erasmus+ or financing for cross-border transport and energy infrastructure from cuts and safeguard flexibility options, should costs run beyond what was originally budgeted for. The new mechanism includes the use of unspent money that would otherwise be lost to the EU budget and a backstop with additional member state contributions if needed.

    Furthermore, Parliament managed to guarantee a smooth implementation of the EU4Health programme until 2027.


    Quotes

    Johan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets: "The revision of the EU long-term financial programming framework is long-awaited and a responsible answer of the EU budgetary authority to current challenges. But this can only be a starting point for a thorough rethink with regard to EU action in the future as for example the war in Ukraine will demand more effort in the time to come. I also deeply regret the included cuts in the funds for Horizon Europe, our successful common research and development programme. Divesting in this field cannot be the way forward to secure growth and jobs in our part of the world."

    Jan Olbrycht (EPP, PL), MFF co-rapporteur: "We welcome the agreement on a revised Multiannual Financial Framework (MFF) for 2021-2027, aiming to secure a stable budget until the end of 2027, enabling Union citizens to benefit from uninterrupted and robust implementation of EU policies over the long term. In response to unforeseen crises, notably Russian aggression against Ukraine, a EUR 50 billion support package was crucial for addressing Ukraine’s immediate needs and aiding in its recovery. Moreover, structural improvements to the EU budget were essential to accommodate increased NGEU debt costs, migration challenges, and to enhance flexibility, ensuring swift responses to unexpected events."

    Margarida Marques (S&D, PT), MFF co-rapporteur: “We have a deal on a real MFF revision. One that not only provides aid to Ukrainians from the EU budget, but in which we have reinforced our ability to respond to the demands of EU citizens. We have serious challenges ahead, and even if we would have liked an even more ambitious and comprehensive revision, today's agreement provides the Union with more capacity than before to respond. We have taken a first step in strengthening EU Strategic Autonomy and we have more means to address migration – including through the new Migration Pact - and more Humanitarian Aid.”


    Next steps

    The provisional political agreement still has to be formally approved by the Council of the EU, and the Parliament. Parliament plans to vote in its 26-29 February plenary session.


    Background

    The Multiannual Financial Framework (MFF) sets the annual limits (expenditure ‘ceilings’) on EU commitments in different policy areas (broad categories of spending called 'headings') and on overall annual payments for a period of seven years. The current framework for 2021-2027 was adopted in 2020. The European Commission proposed a mid-term revision on 20 June 2023. Parliament’s position is here.

    • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
    • A financial boost to secure long-term support for Ukraine, and for other priorities 
    • Changes to EU budget tackle current and future challenges 
    • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 
    • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
    • A financial boost to secure long-term support for Ukraine, and for other priorities 
    • Changes to EU budget tackle current and future challenges 
    • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 
    • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
    • A financial boost to secure long-term support for Ukraine, and for other priorities 
    • Changes to EU budget tackle current and future challenges 
    • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 
    • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
    • A financial boost to secure long-term support for Ukraine, and for other priorities 
    • Changes to EU budget tackle current and future challenges 
    • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 
    • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
    • A financial boost to secure long-term support for Ukraine, and for other priorities 
    • Changes to EU budget tackle current and future challenges 
    • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 
  • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
  • Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
    Parliament and Council of the EU have reached a consensus on enhancing the EU's Multiannual Financial Framework (MFF) 
  • A financial boost to secure long-term support for Ukraine, and for other priorities 
  • A financial boost to secure long-term support for Ukraine, and for other priorities 
    A financial boost to secure long-term support for Ukraine, and for other priorities 
  • Changes to EU budget tackle current and future challenges 
  • Changes to EU budget tackle current and future challenges 
    Changes to EU budget tackle current and future challenges 
  • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 
  • Addressing escalating expenses linked to the repayment of the NGEU recovery plan 
    Addressing escalating expenses linked to the repayment of the NGEU recovery plan 

    Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.

    Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.

    Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.

    Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.

    On Tuesday, negotiators from the Parliament and the Council of the EU reached a provisional political agreement regarding the update of the EU's long-term budget.

    This update reflects the demands put forward by the Parliament in December 2022, calling for a reform of the EU budget to respond more effectively to evolving needs and unforeseen circumstances, to address funding gaps, provide a structural solution for NextGenerationEU borrowing costs, and ensure a stable financing solution for Ukraine.

    This revision will also integrate the Ukraine Facility and the "Strategic Technologies for Europe Platform" (STEP), once agreement on it is reached, into the EU's multiannual financial framework.


    Additional funding for 2024-2027

    The Ukraine Facility comprises €50 billion of loans (€33 billion) and grants (€17 billion).

    For migration and external challenges, the budget revision allocates an additional €2 billion for migration and border management, and €3.1 billion to support priorities in the EU's neighbouring regions and globally. An additional €4.5 billion will be redeployed from other EU programmes in external policy.

    The EU's crisis preparedness and budgetary flexibility are strengthened with an additional €3.5 billion. Moreover, the STEP initiative receives €1.5 billion specifically for its defence investment component. Reinforced priorities are covered through a mix of fresh money and funds redeployed from other programmes.


    Interest payments for the “Next Generation EU” (NGEU) initiative

    In line with Parliament’s demands, the budget revision introduces a mechanism to tackle the escalating costs linked to the repayment of the NGEU recovery plan amid surging interest rates.

    This would protect EU programmes such as the Erasmus+ or financing for cross-border transport and energy infrastructure from cuts and safeguard flexibility options, should costs run beyond what was originally budgeted for. The new mechanism includes the use of unspent money that would otherwise be lost to the EU budget and a backstop with additional member state contributions if needed.

    Furthermore, Parliament managed to guarantee a smooth implementation of the EU4Health programme until 2027.


    Quotes

    Johan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets: "The revision of the EU long-term financial programming framework is long-awaited and a responsible answer of the EU budgetary authority to current challenges. But this can only be a starting point for a thorough rethink with regard to EU action in the future as for example the war in Ukraine will demand more effort in the time to come. I also deeply regret the included cuts in the funds for Horizon Europe, our successful common research and development programme. Divesting in this field cannot be the way forward to secure growth and jobs in our part of the world."

    Jan Olbrycht (EPP, PL), MFF co-rapporteur: "We welcome the agreement on a revised Multiannual Financial Framework (MFF) for 2021-2027, aiming to secure a stable budget until the end of 2027, enabling Union citizens to benefit from uninterrupted and robust implementation of EU policies over the long term. In response to unforeseen crises, notably Russian aggression against Ukraine, a EUR 50 billion support package was crucial for addressing Ukraine’s immediate needs and aiding in its recovery. Moreover, structural improvements to the EU budget were essential to accommodate increased NGEU debt costs, migration challenges, and to enhance flexibility, ensuring swift responses to unexpected events."

    Margarida Marques (S&D, PT), MFF co-rapporteur: “We have a deal on a real MFF revision. One that not only provides aid to Ukrainians from the EU budget, but in which we have reinforced our ability to respond to the demands of EU citizens. We have serious challenges ahead, and even if we would have liked an even more ambitious and comprehensive revision, today's agreement provides the Union with more capacity than before to respond. We have taken a first step in strengthening EU Strategic Autonomy and we have more means to address migration – including through the new Migration Pact - and more Humanitarian Aid.”


    Next steps

    The provisional political agreement still has to be formally approved by the Council of the EU, and the Parliament. Parliament plans to vote in its 26-29 February plenary session.


    Background

    The Multiannual Financial Framework (MFF) sets the annual limits (expenditure ‘ceilings’) on EU commitments in different policy areas (broad categories of spending called 'headings') and on overall annual payments for a period of seven years. The current framework for 2021-2027 was adopted in 2020. The European Commission proposed a mid-term revision on 20 June 2023. Parliament’s position is here.

    On Tuesday, negotiators from the Parliament and the Council of the EU reached a provisional political agreement regarding the update of the EU's long-term budget.

    This update reflects the demands put forward by the Parliament in December 2022, calling for a reform of the EU budget to respond more effectively to evolving needs and unforeseen circumstances, to address funding gaps, provide a structural solution for NextGenerationEU borrowing costs, and ensure a stable financing solution for Ukraine.

    This revision will also integrate the Ukraine Facility and the "Strategic Technologies for Europe Platform" (STEP), once agreement on it is reached, into the EU's multiannual financial framework.


    Additional funding for 2024-2027

    The Ukraine Facility comprises €50 billion of loans (€33 billion) and grants (€17 billion).

    For migration and external challenges, the budget revision allocates an additional €2 billion for migration and border management, and €3.1 billion to support priorities in the EU's neighbouring regions and globally. An additional €4.5 billion will be redeployed from other EU programmes in external policy.

    The EU's crisis preparedness and budgetary flexibility are strengthened with an additional €3.5 billion. Moreover, the STEP initiative receives €1.5 billion specifically for its defence investment component. Reinforced priorities are covered through a mix of fresh money and funds redeployed from other programmes.


    Interest payments for the “Next Generation EU” (NGEU) initiative

    In line with Parliament’s demands, the budget revision introduces a mechanism to tackle the escalating costs linked to the repayment of the NGEU recovery plan amid surging interest rates.

    This would protect EU programmes such as the Erasmus+ or financing for cross-border transport and energy infrastructure from cuts and safeguard flexibility options, should costs run beyond what was originally budgeted for. The new mechanism includes the use of unspent money that would otherwise be lost to the EU budget and a backstop with additional member state contributions if needed.

    Furthermore, Parliament managed to guarantee a smooth implementation of the EU4Health programme until 2027.


    Quotes

    Johan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets: "The revision of the EU long-term financial programming framework is long-awaited and a responsible answer of the EU budgetary authority to current challenges. But this can only be a starting point for a thorough rethink with regard to EU action in the future as for example the war in Ukraine will demand more effort in the time to come. I also deeply regret the included cuts in the funds for Horizon Europe, our successful common research and development programme. Divesting in this field cannot be the way forward to secure growth and jobs in our part of the world."

    Jan Olbrycht (EPP, PL), MFF co-rapporteur: "We welcome the agreement on a revised Multiannual Financial Framework (MFF) for 2021-2027, aiming to secure a stable budget until the end of 2027, enabling Union citizens to benefit from uninterrupted and robust implementation of EU policies over the long term. In response to unforeseen crises, notably Russian aggression against Ukraine, a EUR 50 billion support package was crucial for addressing Ukraine’s immediate needs and aiding in its recovery. Moreover, structural improvements to the EU budget were essential to accommodate increased NGEU debt costs, migration challenges, and to enhance flexibility, ensuring swift responses to unexpected events."

    Margarida Marques (S&D, PT), MFF co-rapporteur: “We have a deal on a real MFF revision. One that not only provides aid to Ukrainians from the EU budget, but in which we have reinforced our ability to respond to the demands of EU citizens. We have serious challenges ahead, and even if we would have liked an even more ambitious and comprehensive revision, today's agreement provides the Union with more capacity than before to respond. We have taken a first step in strengthening EU Strategic Autonomy and we have more means to address migration – including through the new Migration Pact - and more Humanitarian Aid.”


    Next steps

    The provisional political agreement still has to be formally approved by the Council of the EU, and the Parliament. Parliament plans to vote in its 26-29 February plenary session.


    Background

    The Multiannual Financial Framework (MFF) sets the annual limits (expenditure ‘ceilings’) on EU commitments in different policy areas (broad categories of spending called 'headings') and on overall annual payments for a period of seven years. The current framework for 2021-2027 was adopted in 2020. The European Commission proposed a mid-term revision on 20 June 2023. Parliament’s position is here.

    On Tuesday, negotiators from the Parliament and the Council of the EU reached a provisional political agreement regarding the update of the EU's long-term budget.

    This update reflects the demands put forward by the Parliament in December 2022, calling for a reform of the EU budget to respond more effectively to evolving needs and unforeseen circumstances, to address funding gaps, provide a structural solution for NextGenerationEU borrowing costs, and ensure a stable financing solution for Ukraine.

    This revision will also integrate the Ukraine Facility and the "Strategic Technologies for Europe Platform" (STEP), once agreement on it is reached, into the EU's multiannual financial framework.


    Additional funding for 2024-2027

    The Ukraine Facility comprises €50 billion of loans (€33 billion) and grants (€17 billion).

    For migration and external challenges, the budget revision allocates an additional €2 billion for migration and border management, and €3.1 billion to support priorities in the EU's neighbouring regions and globally. An additional €4.5 billion will be redeployed from other EU programmes in external policy.

    The EU's crisis preparedness and budgetary flexibility are strengthened with an additional €3.5 billion. Moreover, the STEP initiative receives €1.5 billion specifically for its defence investment component. Reinforced priorities are covered through a mix of fresh money and funds redeployed from other programmes.


    Interest payments for the “Next Generation EU” (NGEU) initiative

    In line with Parliament’s demands, the budget revision introduces a mechanism to tackle the escalating costs linked to the repayment of the NGEU recovery plan amid surging interest rates.

    This would protect EU programmes such as the Erasmus+ or financing for cross-border transport and energy infrastructure from cuts and safeguard flexibility options, should costs run beyond what was originally budgeted for. The new mechanism includes the use of unspent money that would otherwise be lost to the EU budget and a backstop with additional member state contributions if needed.

    Furthermore, Parliament managed to guarantee a smooth implementation of the EU4Health programme until 2027.


    Quotes

    Johan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets: "The revision of the EU long-term financial programming framework is long-awaited and a responsible answer of the EU budgetary authority to current challenges. But this can only be a starting point for a thorough rethink with regard to EU action in the future as for example the war in Ukraine will demand more effort in the time to come. I also deeply regret the included cuts in the funds for Horizon Europe, our successful common research and development programme. Divesting in this field cannot be the way forward to secure growth and jobs in our part of the world."

    Jan Olbrycht (EPP, PL), MFF co-rapporteur: "We welcome the agreement on a revised Multiannual Financial Framework (MFF) for 2021-2027, aiming to secure a stable budget until the end of 2027, enabling Union citizens to benefit from uninterrupted and robust implementation of EU policies over the long term. In response to unforeseen crises, notably Russian aggression against Ukraine, a EUR 50 billion support package was crucial for addressing Ukraine’s immediate needs and aiding in its recovery. Moreover, structural improvements to the EU budget were essential to accommodate increased NGEU debt costs, migration challenges, and to enhance flexibility, ensuring swift responses to unexpected events."

    Margarida Marques (S&D, PT), MFF co-rapporteur: “We have a deal on a real MFF revision. One that not only provides aid to Ukrainians from the EU budget, but in which we have reinforced our ability to respond to the demands of EU citizens. We have serious challenges ahead, and even if we would have liked an even more ambitious and comprehensive revision, today's agreement provides the Union with more capacity than before to respond. We have taken a first step in strengthening EU Strategic Autonomy and we have more means to address migration – including through the new Migration Pact - and more Humanitarian Aid.”


    Next steps

    The provisional political agreement still has to be formally approved by the Council of the EU, and the Parliament. Parliament plans to vote in its 26-29 February plenary session.


    Background

    The Multiannual Financial Framework (MFF) sets the annual limits (expenditure ‘ceilings’) on EU commitments in different policy areas (broad categories of spending called 'headings') and on overall annual payments for a period of seven years. The current framework for 2021-2027 was adopted in 2020. The European Commission proposed a mid-term revision on 20 June 2023. Parliament’s position is here.

    On Tuesday, negotiators from the Parliament and the Council of the EU reached a provisional political agreement regarding the update of the EU's long-term budget.

    This update reflects the demands put forward by the Parliament in December 2022, calling for a reform of the EU budget to respond more effectively to evolving needs and unforeseen circumstances, to address funding gaps, provide a structural solution for NextGenerationEU borrowing costs, and ensure a stable financing solution for Ukraine.

    demands put forward by the Parliament in December 2022

    This revision will also integrate the Ukraine Facility and the "Strategic Technologies for Europe Platform" (STEP), once agreement on it is reached, into the EU's multiannual financial framework.

    Ukraine Facility"Strategic Technologies for Europe Platform" (STEP)


    Additional funding for 2024-2027


    Additional funding for 2024-2027

    The Ukraine Facility comprises €50 billion of loans (€33 billion) and grants (€17 billion).

    For migration and external challenges, the budget revision allocates an additional €2 billion for migration and border management, and €3.1 billion to support priorities in the EU's neighbouring regions and globally. An additional €4.5 billion will be redeployed from other EU programmes in external policy.

    migration and external challenges

    The EU's crisis preparedness and budgetary flexibility are strengthened with an additional €3.5 billion. Moreover, the STEP initiative receives €1.5 billion specifically for its defence investment component. Reinforced priorities are covered through a mix of fresh money and funds redeployed from other programmes.

    EU's crisis preparedness and budgetary flexibility


    Interest payments for the “Next Generation EU” (NGEU) initiative


    Interest payments for the “Next Generation EU” (NGEU) initiative

    In line with Parliament’s demands, the budget revision introduces a mechanism to tackle the escalating costs linked to the repayment of the NGEU recovery plan amid surging interest rates.

    This would protect EU programmes such as the Erasmus+ or financing for cross-border transport and energy infrastructure from cuts and safeguard flexibility options, should costs run beyond what was originally budgeted for. The new mechanism includes the use of unspent money that would otherwise be lost to the EU budget and a backstop with additional member state contributions if needed.

    Furthermore, Parliament managed to guarantee a smooth implementation of the EU4Health programme until 2027.


    Quotes


    Quotes

    Johan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets: "The revision of the EU long-term financial programming framework is long-awaited and a responsible answer of the EU budgetary authority to current challenges. But this can only be a starting point for a thorough rethink with regard to EU action in the future as for example the war in Ukraine will demand more effort in the time to come. I also deeply regret the included cuts in the funds for Horizon Europe, our successful common research and development programme. Divesting in this field cannot be the way forward to secure growth and jobs in our part of the world."

    Johan Van Overtveldt

    Jan Olbrycht (EPP, PL), MFF co-rapporteur: "We welcome the agreement on a revised Multiannual Financial Framework (MFF) for 2021-2027, aiming to secure a stable budget until the end of 2027, enabling Union citizens to benefit from uninterrupted and robust implementation of EU policies over the long term. In response to unforeseen crises, notably Russian aggression against Ukraine, a EUR 50 billion support package was crucial for addressing Ukraine’s immediate needs and aiding in its recovery. Moreover, structural improvements to the EU budget were essential to accommodate increased NGEU debt costs, migration challenges, and to enhance flexibility, ensuring swift responses to unexpected events."

    Jan Olbrycht

    Margarida Marques (S&D, PT), MFF co-rapporteur: “We have a deal on a real MFF revision. One that not only provides aid to Ukrainians from the EU budget, but in which we have reinforced our ability to respond to the demands of EU citizens. We have serious challenges ahead, and even if we would have liked an even more ambitious and comprehensive revision, today's agreement provides the Union with more capacity than before to respond. We have taken a first step in strengthening EU Strategic Autonomy and we have more means to address migration – including through the new Migration Pact - and more Humanitarian Aid.”

    Margarida Marques


    Next steps


    Next steps

    The provisional political agreement still has to be formally approved by the Council of the EU, and the Parliament. Parliament plans to vote in its 26-29 February plenary session.


    Background


    Background

    The Multiannual Financial Framework (MFF) sets the annual limits (expenditure ‘ceilings’) on EU commitments in different policy areas (broad categories of spending called 'headings') and on overall annual payments for a period of seven years. The current framework for 2021-2027 was adopted in 2020. The European Commission proposed a mid-term revision on 20 June 2023. Parliament’s position is here.

    Multiannual Financial Frameworkcurrent framework for 2021-2027adopted in 2020proposed a mid-term revision on 20 June 2023here

    Contact: 

    Contact: 
    Contact: 
  • Armin WISDORFF 

    Armin WISDORFF Armin WISDORFF 
    Press Officer 
    Press Officer Press Officer 
    Contactgegevens: 
    Contactgegevens: 
  • Telefoonnummer: (+32) 2 28 40924 (BXL) 
  • Telefoonnummer: (+32) 2 28 40924 (BXL) Telefoonnummer: (+32) 2 28 40924 (BXL)Telefoonnummer: (BXL) 
  • Telefoonnummer: (+33) 3 881 73780 (STR) 
  • Telefoonnummer: (+33) 3 881 73780 (STR) Telefoonnummer: (+33) 3 881 73780 (STR)Telefoonnummer: (STR) 
  • Mobiel telefoonnummer: (+32) 498 98 13 45 
  • Mobiel telefoonnummer: (+32) 498 98 13 45 Mobiel telefoonnummer: (+32) 498 98 13 45Mobiel telefoonnummer:  
  • E-mail: armin.wisdorff@europarl.europa.eu 
  • E-mail: armin.wisdorff@europarl.europa.eu E-mail: armin.wisdorff@europarl.europa.euE-mail:  
  • Twitteraccount: @EP_Budgets 
  • Twitteraccount: @EP_Budgets Twitteraccount: @EP_BudgetsTwitteraccount:  
     
     

    Further information 

    Further information 
    Further information 
  • Committee on Budgets  Committee on Budgets 
  • Press statement - “MEPs welcome EU summit deal on Ukraine and the EU’s long-term budget” (01/02/2024)  Press statement - “MEPs welcome EU summit deal on Ukraine and the EU’s long-term budget” (01/02/2024) 
  • Fact Sheets on the European Union: Multiannual financial framework  Fact Sheets on the European Union: Multiannual financial framework 
     
     
     
     
     

    Productinformatie 

    REF.:  20240205IPR17408 

    Productinformatie 

    Productinformatie 
    Productinformatie 
    Productinformatie 
    REF.:  20240205IPR17408 
    REF.:  20240205IPR17408 
    REF.: REF.:REF.: 20240205IPR17408 20240205IPR17408 

    Deel deze pagina: 

    Deel deze pagina: 
    Deel deze pagina: 
  • Facebook Facebook 
  • Twitter Twitter 
  • LinkedIn LinkedIn 
  • WhatsApp WhatsApp Aanmelden voor e-mailupdatesAanmelden voor e-mailupdatesPdf-versie Pdf-versie Nieuws  Bekijk het menu: nieuws  Bekijk het menu: nieuws Het Parlement in uw land 
  • Open als nieuwe pagina Brussels
  • Open als nieuwe pagina Brussels Open als nieuwe paginaBrussels
  • Open als nieuwe pagina Den Haag
  • Open als nieuwe pagina Den Haag Open als nieuwe paginaDen HaagTools 
  • Open als nieuwe pagina Wetgevingsobservatorium
  • Open als nieuwe pagina Wetgevingsobservatorium Open als nieuwe paginaWetgevingsobservatorium
  • Naar pagina gaan Multimedia Centre
  • Naar pagina gaan Multimedia Centre Naar pagina gaanMultimedia Centre
  • Open als nieuwe pagina EbS
  • Open als nieuwe pagina EbS Open als nieuwe paginaEbSDe Voorzitter van het Europees Parlement 
  • Open als nieuwe pagina Webpagina van de Voorzitter van het Parlement
  • Open als nieuwe pagina Webpagina van de Voorzitter van het Parlement Open als nieuwe paginaWebpagina van de Voorzitter van het Parlement Menu verbergen: Nieuws   Menu verbergen: Nieuws Europees Parlement  Menu bekijken: Europees Parlement   Menu bekijken: Europees Parlement 
  • Naar pagina gaan Nieuws 
  • Naar pagina gaan Nieuws  Naar pagina gaanNieuws 
  • Naar pagina gaan Leden 
  • Naar pagina gaan Leden  Naar pagina gaanLeden 
  • Naar pagina gaan Over het Parlement 
  • Naar pagina gaan Over het Parlement  Naar pagina gaanOver het Parlement 
  • Naar pagina gaan Plenaire vergadering 
  • Naar pagina gaan Plenaire vergadering  Naar pagina gaanPlenaire vergadering 
  • Naar pagina gaan Commissies 
  • Naar pagina gaan Commissies  Naar pagina gaanCommissies 
  • Naar pagina gaan Delegaties 
  • Naar pagina gaan Delegaties  Naar pagina gaanDelegaties Menu verbergen: Europees Parlement Menu verbergen: Europees Parlement  

    Het Parlement in de sociale media  

    Het Parlement in de sociale media 
  • Bekijk het Parlement op Facebook  
  • Bekijk het Parlement op Facebook   Bekijk het Parlement op Facebook 
  • Bekijk het Parlement op Twitter  
  • Bekijk het Parlement op Twitter   Bekijk het Parlement op Twitter 
  • Bekijk het Parlement op Flickr  
  • Bekijk het Parlement op Flickr   Bekijk het Parlement op Flickr 
  • Bekijk het Parlement op LinkedIn  
  • Bekijk het Parlement op LinkedIn   Bekijk het Parlement op LinkedIn 
  • Bekijk het Parlement op YouTube  
  • Bekijk het Parlement op YouTube   Bekijk het Parlement op YouTube 
  • Bekijk het Parlement op Instagram  
  • Bekijk het Parlement op Instagram   Bekijk het Parlement op Instagram 
  • Bekijk het Parlement op Pinterest  
  • Bekijk het Parlement op Pinterest   Bekijk het Parlement op Pinterest 
  • Bekijk het Parlement op Snapchat  
  • Bekijk het Parlement op Snapchat   Bekijk het Parlement op Snapchat 
  • Bekijk het Parlement op Reddit  
  • Bekijk het Parlement op Reddit   Bekijk het Parlement op Reddit Informatieve links 
  • Naar pagina gaanContact 
  • Naar pagina gaanContact Naar pagina gaanContact 
  • Naar pagina gaanRSS 
  • Naar pagina gaanRSS Naar pagina gaanRSS 
  • Naar pagina gaanSitemap 
  • Naar pagina gaanSitemap Naar pagina gaanSitemap 
  • Naar pagina gaanJuridische mededeling 
  • Naar pagina gaanJuridische mededeling Naar pagina gaanJuridische mededeling 
  • Naar pagina gaanPrivacybeleid 
  • Naar pagina gaanPrivacybeleid Naar pagina gaanPrivacybeleid 
  • Naar pagina gaanToegankelijkheid 
  • Naar pagina gaanToegankelijkheid Naar pagina gaanToegankelijkheid