The European Commission has just published a Communication about designing the next Multiannual Financial Framework (MFF) — the EU’s long-term budget, set to begin in 2028. This new financial plan must address increasing expectations while ensuring economic stability and maximizing the impact of every euro spent.

The Communication lays the groundwork for reflections on how to adapt the EU’s long-term budget to evolving needs and priorities, that’s why EU countries, businesses and citizens need to reconsider the way the EU budget works to make it fit for the future. To continue to support a free, democratic, secure, prosperous and competitive Europe, the long-term budget needs to be simpler, more impactful, and more targeted. To achieve this, the Commission proposes reforms including:

  • A European Competitiveness Fund to boost key sectors and critical technologies
  • Revamped external action financing to align with strategic interests
  • Stronger safeguards to uphold the rule of law
  • Modernised revenue streams to ensure sustainable financing

The Commission is now inviting all Europeans to have their say on the next budget and the policies it should support, ahead of presenting a formal proposal in July 2025, aiming for a timely agreement before implementation in January 2028. It has started a series of public consultations that will remain open until May 2025.

The Commission will summarise inputs received in a synopsis report, explaining how it has taken them into account. Feedback received will be published on this site.

Public Consultation: Have Your Say!
The Commission is inviting all Europeans to contribute their ideas through a public consultation, accessible through the following links:

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