Negotiators from the EU Council, the European Parliament and the Commission reached a political agreement, on Tuesday 10 November, on all elements of the EU’s Multiannual Financial Framework (MFF) for 2021-2027 and the European Economic Recovery Plan to overcome the Covid-19 crisis (see EUROPE B12598A11).
The European Commission immediately welcomed the agreement on Europe’s next long-term budget and the temporary recovery instrument ‘Next Generation EU’. “Once adopted, this...