The European Parliament (Parliament) expressed its opposition to the latest proposal for the long-term EU budget, despite welcoming increased engagement with Parliament negotiators. Negotiations have been ongoing since the European Commission published its proposal for 2021-2027 multiannual financial framework (MFF) in May 2018. European Council President Charles Michel presented a new MFF ‘negotiating box’, or draft budget, to be the basis for the discussions at a special budget summit on Feb. 20-21. However, the budget summit failed to produce an agreement among EU leaders who broadly opposed Michel’s proposal.
The Finnish Presidency of the Council had presented the previous version of the negotiating box in December 2019 that called for a budget that represents 1.07% of the EU’s GNI, much lower than the Commission’s proposal of 1.114% or the Parliament’s position of 1.3%. Michel’s draft budget would represent 1.074% of EU GNI, a slight increase on the Finnish proposal but still well below the Commission or the Parliament’s positions. The draft budget includes even deeper cuts to the Commission’s proposal for research and external action than the Finnish draft.
The Parliament has noted cuts in many areas, including research, and calls for increased investments to deliver the Green Deal, the digital transition and a stronger Europe.
Press release - European Parliament