Multiannual Financial Framework 2021-2027  

Once every seven years, the European Union decides on its future long-term budget – the Multiannual Financial Framework. The next such budget, starting on 1 January 2021, will be the first for the European Union of 27.

The proposals of the Commission for the 2021-2027 Multiannual Financial Framework will help responding to a number of opportunities and challenges. They are the product of an open and inclusive debate.

The Commission is proposing a new, modern long-term budget, tightly geared to the political priorities of the Union at 27. The proposed budget combines new instruments with modernised programmes to deliver efficiently on the Union’s priorities and to rise to new challenges.

The proposals also respond in a realistic and balanced way the budgetary consequences of the withdrawal of the United Kingdom.

Here they are: