European Parliament, Think Tank
EU financing for 2021-2027
Political agreement on the 2021-2027 Multiannual Financial Framework (MFF),
the Next Generation EU (NGEU) recovery instrument and new own resources
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EU flagship programmes reinforced with additional resources
During the MFF negotiations, the European Parliament obtained € 15 billion to reinforce ten EU flagship programmes on top of the amounts agreed by the European Council in July 2020. The top-up will be financed in the following way:
• € 11 billion from a new mechanism linked to the proceeds from competition fines collected by the EU. This mechanism will result in a genuine increase of the
MFF ceilings on a yearly basis throughout 2022-2027;
• € 2.5 billion from margins left unallocated within the ceilings set by the European Council in July 2020;
• € 1 billion from reflows from the ACP Investment Facility (European Development Fund);
• € 0.5 billion from decommitted appropriations in the area of research (based on Article 15(3) of the Financial Regulation).
In full: http://www.europarl.europa.eu/RegData/etudes/BRIE/2020/659371/EPRS_BRI(2020)659371_EN.pdf
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