“We cannot afford a narrow accounting approach with a complete lack of political vision”, launched the European Parliament's negotiating team on the long-term budget on Friday 21 February, after the failure of negotiations between EU leaders on 20-21 February on the EU’s Multiannual Financial Framework (MFF) for 2021-2027 (see EUROPE B12431A1).
The failure of the negotiations was due to the intransigent position of the ‘Frugal Four’ countries led by the Netherlands, opposed to an...