The Next Multiannual Financial Framework: From National Interest to Building a Common Future

Stefaan de Corte, Nico Groenendijk, Corina Suceveanu, Pawel Tokarski, Patryk Toporowski

Research output: Contribution to journalArticleAcademicpeer-review

28 Downloads (Pure)

Abstract

The Multiannual Financial Framework (MFF) is the budget of the European Union and the most important tool to finance common policy areas, actions and strategies. Upon a proposal from the European Commission, it has to be approved by the majority of the members of the European Parliament, before it can be unanimously adopted by the Council. Furthermore, the Own Resources Decision has to be adopted with unanimity within the Council and be ratified by all 27 Member States in accordance with their constitutional requirements.

Reaching an agreement between the three negotiating institutions will not be straightforward, as views on the development of the financial resources of the European Union diverge considerably. Nevertheless, a decision has to be taken by the end of 2012 in order to be able to implement the new MFF properly.

With this paper, the Centre for European Studies contributes to the debate. The paper describes the European Commission's proposal, the European Parliament's resolutions on the topic as well as the positions of two Members of the Council. In addition, the paper sheds light on where the positions differ and where there is common ground and room for compromise.
Original languageEnglish
Pages (from-to)127-129
JournalEuropean view
Volume11
Issue number1
DOIs
Publication statusPublished - 2012

Keywords

  • METIS-299650
  • IR-88266

Fingerprint Dive into the research topics of 'The Next Multiannual Financial Framework: From National Interest to Building a Common Future'. Together they form a unique fingerprint.

  • Cite this

    de Corte, S., Groenendijk, N., Suceveanu, C., Tokarski, P., & Toporowski, P. (2012). The Next Multiannual Financial Framework: From National Interest to Building a Common Future. European view, 11(1), 127-129. https://doi.org/10.1007/s12290-012-0198-2