MFF

E889768

MFF is the European Union’s long-term budget plan that sets annual spending limits and priorities over a multi-year period.

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Statements (46)

Predicate Object
instanceOf European Union budgetary framework
multiannual financial framework
adoptedAs Council regulation
appliesTo European Union NERFINISHED
constrains size of EU programmes and funds
contributesTo fiscal discipline at EU level
coversPeriod multiple years
currency euro
currentFramework 2021–2027 MFF
defines annual spending ceilings
long-term budget of the European Union
maximum amounts of EU expenditure
ensures multiannual planning of EU finances
fullName Multiannual Financial Framework NERFINISHED
geographicalScope all EU member states
hasAbbreviation MFF NERFINISHED
implementedThrough annual EU budget
includes ceilings for each spending heading
spending headings
legalBasis Treaty on the Functioning of the European Union
linkedTo EU own resources system NERFINISHED
monitoredBy European Commission NERFINISHED
negotiatedBy EU member state governments
negotiatedWith European Parliament NERFINISHED
policyAreasCovered administration
cohesion policy
common agricultural policy
external action
migration and border management
research and innovation
security and defence
previousFramework 2007–2013 MFF
2014–2020 MFF
purpose align EU spending with policy priorities
ensure orderly development of EU expenditure
provide budgetary predictability
regulates maximum level of EU commitments
maximum level of EU payments
requires consent of the European Parliament
unanimous approval by the Council of the European Union
sets maximum commitment appropriations per heading
maximum payment appropriations
overall expenditure ceilings
spending priorities
timeHorizon long-term
typicalDuration 7 years

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.