Bearing in mind the need to maintain an adequate level of financing of current policies and make good the shortfall in resources resulting from Brexit, we need a fundamental reform of the funding system, which will underpin an ambitious budget. We therefore need to abolish all rebates, introduce new own resources, and the Member States need to consider the possibility of increasing their contributions to the EU budget. This would ensure that the future EU budget has greater resources available from different sources, which would make it possible to achieve Scenario 5, “Doing much more together”. The main purpose of the future budget will be to support the EU’s common objectives and policies. The post-2020 Multiannual Financial Framework (MFF) will therefore have to be both forward-looking and flexible. This will make it possible to maintain a strategic approach and planning certainty and will ensure the ability to respond to new challenges, such as migration. It must be ensured that the future budget is simpler and more transparent, thus providing consistency and greater complementarity between existing EU financial instruments. It should also be results-orientated and deliver greater European added value. Despite early signs of renewed convergence, there are still development disparities between European regions, hence the continued need for a territorial approach that takes account of the different economic, social and environmental conditions in all regions. We call for the current level of funding of cohesion policy at least to be maintained and for it and the MFF as a whole to be made more flexible. We support the introduction of reserves, but these must not undermine the stability and strategic character of the budget, which should have a seven- or ten-year (5 + 5) programming period. The key question remains timing. The next MFF will be published in May 2018 and every effort should be made to ensure that the legislative package is formally presented as soon as possible.

Adoption timetable:

  • 1st discussion and adoption in COTER on 13 December 2017
  • Final adoption in Plenary session of 1 February 2018

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