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EU budget 2021-2027: “Time to decide”

Oct 9, 2019 | News

(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.

© Julien Tromeur

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.

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