INTERECONOMICS, Vol 53, No.6 November/December 2018

Looking at the EU Multiannual Financial Framework 2021-2027

Previous issues of Intereconomics

Looking at the EU Multiannual Financial Framework 2021-2027

In May 2018, the European Commission adopted the EU Multiannual Financial Framework (MFF) for the period 2021-2027 and presented it as “A Modern Budget for a Union that Protects, Empowers and Defends”. The new MFF with its ambitious objectives will be the first without the United Kingdom. The current debate on the MFF reveals differences of opinion on various aspects of the proposal – including its very foundation. Article 2 of the Treaty on European Union (TEU) establishes the founding values on which the EU is based: respect for human rights, rule of law and tolerance for minorities. Over the course of the last years, numerous developments have put these to the test. In the face of these challenges, it appears that some EU Member States no longer accept these common values. While it seems unlikely that Article 7 sanctions will be implemented, the failings of certain Member States have created an intense debate about the introduction of a new type of conditionality in the next Multiannual Financial Framework (MFF) through the withholding of EU funding.

Forum: Going for the Wallet? Rule-of-Law Conditionality in the Next EU Multiannual Financial Framework
By Friedrich Heinemann

Forum: Tax-based Own Resources as a Core Element of a Future-Oriented Design of the EU System of Own Resources 
By Margit Schratzenstaller

Forum: The CAP in the 2021-2027 MFF Negotiations
By Alan Matthews

Forum: The Multiannual Financial Framework and European Defence
By Daniel Fiott

Editorial: Italy: A Question of Interest Rates and Trust
By Sergio Cesaratto

Letter from America: Post-Midterms: What to Expect
By Jiffer Bourguignon