The EU’s next financial framework will have to be “much more flexible” in order to be able to finance “unforeseen” events of “historic importance” emphasised the European Commissioner for Budget, Johannes Hahn, in his opening address at the EU’s annual budget conference, held in Brussels on Monday 29 April.
The future reform of the European Union’s fiscal rules and spending, which are to be put in place for the next Multiannual Financial Framework (MFF) in 2028, was also...