somes

Amendment of the EU Multiannual Financial Framework (MFF) 2014-2020

Summary

This document concerns a recommendation by the European Parliament to approve changes to the EU's long-term budget for 2014-2020. The goal is to increase financial flexibility to handle unforeseen humanitarian and security challenges.
10 24.06.2017
Other
budget
social policy
european union
public finance and budget policy

Key points

  • The amendment aims to increase the European Union's ability to respond to unforeseen humanitarian and security crises through greater budgetary flexibility.
  • The maximum amounts for annual payment adjustments are increased for the years 2018, 2019, and 2020.
  • The Emergency Aid Reserve is reinforced with a fixed annual amount of 300 million euros.
  • The Flexibility Instrument is expanded and can now receive unused funds from the Solidarity Fund and the Globalisation Adjustment Fund.
Documents (PDFs)
RECOMMENDATION on the draft Council regulation amending Regulation (EU, Euratom) No 1311/2013 laying down the multiannual financial framework for the years 2014-2020 Multiannual financial framework for 2014-2020 ***
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.