• 19-FEB-2013

EPP Group Chairman sets conditions for EU Budget negotiations / Multiannual Financial Framework (MFF) debate

Doing more with less money. This is what the European Council believes with the adoption of the conclusions of the MFF, the European Union's Multiannual Financial Framework 2014-2020. For the first time in history, the EU budget has been reduced. As a first reaction, the leaders of the biggest political groups in the European Parliament underlined in a joint statement that they cannot accept the deal reached by the European Council. MEPs debated the EU's long-term budget with European Council President Herman Van Rompuy and Commission President José Manuel Barroso here in the European Parliament.