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The EU's multiannual financial framework for 2028-2034: New conflicts of interest:the tension between flexibility and predictability in spending policy

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  • Becker, Peter

Abstract

In July 2025, the European Commission presented its proposal for the EU's multiannual financial framework (MFF) for 2028 to 2034. Since then, the member states have been seeking consensus within the Council of the EU. Ideally this should lead to agreement among the heads of state or government before the end of 2026. The new MFF is intended to comprehensively modernise the budget and prepare the EU for new tasks and challenges. Making the next MFF more flexible is a key aspect. Both the member states and the European institutions support the aim of making the EU's spending policies more flexible in order to enable it to act more effectively, particularly in unforeseen situations and crises. However, this plan conflicts with the key strength of the seven-year budget, namely its predictability and plannability. In addition to resolving the traditional disputes between net contributors and net recipients, an agreement will also have to be reached on making the MFF more flexible and associated institutional issues.

Suggested Citation

  • Becker, Peter, 2026. "The EU's multiannual financial framework for 2028-2034: New conflicts of interest:the tension between flexibility and predictability in spending policy," SWP Comments 40/2026, Stiftung Wissenschaft und Politik (SWP), German Institute for International and Security Affairs.
  • Handle: RePEc:zbw:swpcom:344271
    DOI: 10.18449/2026C40
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