On Tuesday 10 February, Member States’ ambassadors to the European Union (Coreper II) approved draft Council conclusions establishing the budget guidelines for 2027, with a view to their formal adoption by finance ministers at the Economic and Financial Affairs Council (Ecofin) on 17 February.
These guidelines should serve as a framework for the Commission to prepare the draft annual budget, the last year of the 2021-2027 Multiannual Financial Framework.
The Commission will then...