Source: European Parliament
The European Parliament is due to adopt its vision for the European Union’s post-2027 long-term budget during the May plenary session. Ahead of the European Commission’s proposal, expected in July, the report adopted by the Committee on Budgets insists that the next multiannual financial framework (MFF) must be significantly above 1 % of the EU’s gross national income (GNI). The report rejects the ‘one national plan per Member State’ approach, as envisaged by the European Commission, as a basis for shared management of post-2027 spending.