While EU Member States agreed at the European Council on 18 December that “an agreement before the end of 2026 would allow for the adoption of legislative acts in 2027 - which is necessary to ensure that EU funds reach beneficiaries without interruption in January 2028” (see EUROPE B13776A4), the Cyprus Presidency of the Council of the European Union begins a decisive six-month period for negotiations on the Multiannual Financial Framework (MFF) 2028-2034.
The Cyprus Presidency took...