The EU Budget’s Outsize Political Role
The European Commission is currently formulating the next Multiannual Financial Framework (MFF), a medium-term budget framework that fixes the EU’s revenues and expenditures, including how much should be allocated annually to each objective and each country. The next one starts in 2014, and much more than money is at stake.
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BRUSSELS – The European Commission is now in the process of formulating the next Multiannual Financial Framework (MFF), a medium-term budget framework that fixes the European Union’s revenues and expenditures, including how much should be allocated annually to each objective and each country. The next one starts in 2014 – and much more than money is at stake.