S&Ds: New Own Resources and Joint Borrowing Are Key for Next EU Pluriannual Budget

We are in the prelude to the start of the negotiations of the new Multiannual Financial Framework or what, translated into common language, are the budgets of the European Union during the 7 years that go from 2028 to 2034. It is clear that the current accounts 2021-2027 were truncated by the Covid-19 pandemic and definitively conditioned by the war in Ukraine with the resulting crisis in Europe. None of the Member States could even imagine that…

S&Ds: New own resources and joint borrowing are key for next EU pluriannual budget

The S&D Group managed to ensure a majority in today's adoption by the European Parliament's plenary of a report on the EU’s next pluriannual budget after 2027, also known as the Multiannual Financial Framework (MFF). With the input from the Socialists and Democrats in the negotiations with other political groups, the report sends a strong progressive message to the European...

Context publishes a note from the European Commission on the Multiannual Financial Framework post-2027. Two months before the presentation of its proposal, the Executive clarifies its proposal for the restructuring of the budget. It also puts forward new avenues of revenue.