Squaring the MFF circle: How match funding can deliver the EU’s new priorities. EPC Commentary, 23 February 2018

Zuleeg, Fabian (2018) Squaring the MFF circle: How match funding can deliver the EU’s new priorities. EPC Commentary, 23 February 2018. [Policy Paper]

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Abstract

The informal EU summit has ended without a breakthrough on the size and details of the next Multiannual Financial Framework (MFF), the Union’s multi-year budget from 2021 onwards. This is hardly surprising. We are only at the beginning of a long negotiation process that has always been contentious; more so this time due to the dual pressure of lower contributions - with the exit of the UK, one of the main net payers - and the need to finance the EU’s pressing priorities - migration, internal and external security and possibly new instruments to strengthen the Economic and Monetary Union (EMU) as well as the accession process to the common currency.

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