Brussels | Budget | FP9
A timely update on the next EU budget (2021-2027)
The political priorities of the next multiannual budget of the European Union (EU) were discussed by the EU institutions.
The discussion took place at the level of EU Heads of States during an informal meeting on 23 February, which is part of the so-called Leaders agenda, which started in October 2017 and will end in June 2019. In this timeframe, Heads of states and governments will meet more regularly than usual, with the objective to truly work together to build a strengthened European Union. Whereas priorities in the field of education were high on the agenda of the last Leaders’ meeting, this time the next Multiannual Financial Framework, i.e. the budget of the EU for 2021-2027, was debated.
The Leaders based their discussions on a communication published by the European Commission on 14 February on ‘A new, modern Multiannual Financial Framework for a EU that delivers efficiently on its priorities post-2020’. The communication touches upon all areas, i.e. among others research, innovation and education, and comes with budget scenarios for the successor programme of Horizon 2020 (FP9) and Erasmus+.
This document, leaked by Politico, provides a 1:1 comparison between the current and next MFF’s funding instruments.