Multiannual Financial Framework 2021-2027 #EUBudget KEY - PowerPoint PPT Presentation

Multiannual Financial Framework 2021-2027 #EUBudget

KEY PRINCIPLES Multiannual Financial Framework 2021-2027 'A modern budget for a Union that protects, empowers and defends' ALIGNED TO MORE FLEXIBLE POLITICAL PRIORITIES ✓ prosperity ✓ solidarity ✓ sustainability REALISTIC & PRAGMATIC ✓ security CLEAR & SIMPLE FAIR & BALANCED

ALIGNED TO POLITICAL PRIORITIES 3

ALIGNED TO POLITICAL PRIORITIES 4

ALIGNED TO POLITICAL PRIORITIES Strong focus on European Added value | reinforcement of priority areas Note: Compared to Multiannual Financial Framework 2014-2020 at EU-27, including European Development Fund Source: European Commission

REALISTIC & PRAGMATIC Broadly stable ceilings in real terms The size of the EU budget as percentage of Gross National Income (GNI) 1.11% Commitments ceiling in % EU GNI 1.3% European Development Fund *2014-2020 estimated commitments (UK expenditure excluded) in % EU27 GNI ** European Development Fund integrated (“ budgetised ”) Source: European Commission

FAIR & BALANCED A new architecture for the future Evolution of main policy areas in the EU budget *Adjusted for 1995 enlargement Source: European Commission

FAIR & BALANCED A new architecture for the future Source: European Commission

BUDGET FOR R&I INCREASES: Horizon Europe will be the biggest ever EU R&i programme

SYNERGIES WITH OTHER MFF PROGRAMMES WILL BE REINFORCED InvestEU will have a dedicated window for R&I; 3,5 billion EUR (with estimated multiplier effect to 11 billion EUR (EIB/EIF) to mobilise in total 200 billion EUR) of Horizon Europe will go this window. European Defence fund will cover defence research in a separate heading Further synergies with ESIF, CAP, DEP, ESF etc

CONCLUSION Multiannual Financial Framework 2021-2027 'A modern budget for a Union that protects, empowers and defends' Source: European Commission