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MFF deal seized: EU Budget 2014-2020 and Erasmus+ adopted by European Parliament

Institutional news -

MEPs have adopted the Multiannual Financial Framework determining the EU budget for 2014-2020 last week in plenary session (see Commission memo and Parliament infonote). The Committee on Budgets finally gave its green light to table the proposal in Strasbourg after an agreement was found with the Council to remedy the payment shortfalls of the 2013 EU budget, an essential pre-condition to seize the MFF deal for the Parliament. MEPs also considered that enough progress had been made on other key points of negotiations, such as the setting up by Member States of a high-level working group to discuss EU own resources. The MFF determines budget lines for the next generation of all EU funding programmes such as Erasmus+ (topping €14.7bn without international cooperation), the Europe for Citizens programme and the European Social Fund that could also finally be adopted last week (see provisional text for the MFF and Erasmus+, for Europe for Citizens and for the ESF).

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