(09 October 2019) - The European Commission calls on EU Heads of State or Government to provide political guidance and new impetus to the negotiations in order to reach an agreement on a long-term EU budget 2021-2027 before the end of this year.
In a Communication published today, the European Commission outlines the main points that need consideration and a clear steer by EU Leaders in order to reach a swift agreement. These include:
- the overall level of funding to match the Union's shared priorities;
- a modern budget with the right balance between policies and a strong focus on EU added value;
- a more transparent approach to financing the EU budget and the introduction of new sources of revenue to support priorities and reduce the burden on national contributions; and
- a greater policy coherence, through a closer link between funding and policy priorities and through stronger tools for protecting the EU budget from rule of law deficiencies.