<?xml version="1.0" encoding="UTF-8" ?><oembed><version>1.0</version><provider_name>EU-Logos</provider_name><provider_url>https://eulogos.blogactiv.eu</provider_url><author_name>EU Logos</author_name><author_url>https://eulogos.blogactiv.eu/author/communicationeulogos/</author_url><title>#FactOfTheDay 02/05/2018 : EU Multiannual Financial Framework (2021-2027) negotiations begin today</title><html>&lt;p style=&quot;text-align: justify;&quot;&gt;Today, EU Budget Commissioner Günther Oettinger, will present the plans, in Brussels, for the next Multiannual Financial Framework (MFF) 2021-2027. The financial envelope for the current period (2014-2020) accounts for about €1.000 billion euros, and the next is expected to be higher.&lt;span class=&quot;Apple-converted-space&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p style=&quot;text-align: justify;&quot;&gt;However, Brexit is making the equation more difficult, with a 14 billion euro gap per year in the European budget. The timing is particularly bad for the EU as it is trying to finance new policies. Indeed, a shift funds towards new priorities such as defence, border control and the digital economy is to be expected.&lt;/p&gt;
&lt;p style=&quot;text-align: justify;&quot;&gt;The Common Agricultural Policy and cohesion funds, respectively accounting for 37% and 35% of EU current budget are also targeted. Eastern countries are the main beneficiaries of cohesion funds in particular, and will lose a lot of their advantages. This part of the budget will be redirected to tackle mass youth unemployment in southern member states such as Italy and Spain.&lt;span class=&quot;Apple-converted-space&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p style=&quot;text-align: justify;&quot;&gt;The European Commission wants the budget agreed rather quickly, before the next European Parliament elections in May 2019 but it seems a little unrealistic.&lt;span class=&quot;Apple-converted-space&quot;&gt; &lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&nbsp;&lt;/p&gt;
&lt;p style=&quot;text-align: right;&quot;&gt;&lt;em&gt;Marie Peschier&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;&nbsp;&lt;/p&gt;
&lt;p&gt;&lt;b&gt;For further information:&lt;span class=&quot;Apple-converted-space&quot;&gt; &lt;/span&gt;&lt;/b&gt;&lt;/p&gt;
&lt;ul&gt;
&lt;li&gt;Euractiv.com « Brussels begins big battle on post-Brexit budget » &lt;a href=&quot;https://www.euractiv.com/section/eu-priorities-2020/news/brussels-begins-big-battle-on-post-brexit-budget/&quot;&gt;https://www.euractiv.com/section/eu-priorities-2020/news/brussels-begins-big-battle-on-post-brexit-budget/&lt;/a&gt;&lt;span class=&quot;Apple-converted-space&quot;&gt; &lt;/span&gt;&lt;/li&gt;
&lt;li&gt;Financial Times « Brussels seeks to increase seven-year EU budget to €1.25tn » &lt;a href=&quot;https://www.ft.com/content/e4aa3004-4d5a-11e8-97e4-13afc22d86d4&quot;&gt;https://www.ft.com/content/e4aa3004-4d5a-11e8-97e4-13afc22d86d4&lt;/a&gt;&lt;span class=&quot;Apple-converted-space&quot;&gt; &lt;/span&gt;&lt;/li&gt;
&lt;li&gt;European parliament BUDG committee (IN-DEPTH ANALYSIS) « The next Multiannual Financial Framework (MFF) and its Duration » &lt;a href=&quot;http://www.europarl.europa.eu/RegData/etudes/IDAN/2017/603798/IPOL_IDA(2017)603798_EN.pdf&quot;&gt;http://www.europarl.europa.eu/RegData/etudes/IDAN/2017/603798/IPOL_IDA(2017)603798_EN.pdf&lt;/a&gt;&lt;/li&gt;
&lt;/ul&gt;
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