In an analysis paper published on Monday 25 May, the Conference of Peripheral Maritime Regions (CPMR) asks a whole series of questions about the European Commission's imminent proposals for the next Multiannual Financial Framework (MFF) and for the post-Covid-19 Recovery Fund, notably as regards their size and funding arrangements.
The authors of the analysis note ask 10 questions, in particular whether the European institution intends to follow the recent Franco-German proposal of 18 May, suggesting a €500 billion Recovery Fund backed by a European debt and invested via the MFF (see EUROPE 12489/1).
They also questioned the way of proceeding and the balance to be struck between the need to counter the socio-economic consequences of Covid-19 and pursuing the medium- and long-term objectives of the Green Deal. In this regard, the organisation cites an analysis by the Delors Institute that the focus should first be on the stimulus fund to address the most pressing issues, followed by the adoption of an ambitious MFF by 2022.
Furthermore, the CPMR wonders whether it would not be appropriate to extend the 2014-2020 MFF by activating Article 312.4 of the TFEU, a request that had been made by the organisation's President, Vasco Cordeiro (see EUROPE 12464/33) or the European Parliament's Committee on Regional Development (see EUROPE 12485/13).
To consult the document: https://bit.ly/3d3diWG (Original version in French by Pascal Hansens)