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Image header Agence Europe
Europe Daily Bulletin No. 12384
Contents Publication in full By article 10 / 28
INSTITUTIONAL / Budget

Finland's Presidency of the Council unveils its “balanced” compromise on the 2021-2027 financial framework

On Thursday 5 December, the Finnish Presidency of the Council officially published its proposal on the EU's multiannual financial framework (MFF) for 2021-2027, providing for a total of €1,087 billion, or 1.07% of the EU Member States' gross national income (GNI) (at 27).

The proposed budget focuses on the EU’s new priorities, such as climate action, research and innovation, and migration management”, says the Finnish Presidency, however this version of the ‘negotiation box’ has received quite a bit of criticism (see EUROPE 12383/1).

The Finnish project “secures funding for a reformed agricultural policy and for a cohesion policy that supports growth”. The Finnish Presidency notes that the Commission had proposed a total level of €1,161 billion (2018 prices), corresponding to 1.14% of the EU-27 GNI.

Finland has noted the views of member states and made a balanced proposal that takes into account both the new priorities and traditional policy areas. Our Presidency's work on the MFF is now over, and the President of the European Council will now be in charge of the negotiations”, said Finnish Minister for European Affairs Tytti Tuppurainen. The General Affairs Council will discuss the dossier on 10 December in preparation for the European Council discussions on 12 and 13 December. Link to the documents: http://bit.ly/2DOSHWc (Original version in French by Lionel Changeur)

Contents

ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
COURT OF JUSTICE OF THE EU
NEWS BRIEFS