In a recent plenary session, the European Parliament approved a resolution on the Multiannual Financial Framework (MFF) beyond 2027, highlighting its strategic priorities for shaping a forward-looking EU budget.  

The resolution urges a substantial boost to the EU’s long-term budget, asserting that the current cap of 1% of Member States’ Gross National Income (GNI) is inadequate to address mounting demands in areas such as security, economic competitiveness, social inclusion, and climate initiatives. 

Members of the European Parliament (MEPs) strongly opposed the Commission’s suggested model of a “single national plan” for future EU funding. Instead, they championed a more decentralized and transparent framework that actively involves regional and local actors. MEPs also rejected the proposal to consolidate funding into a single “mega-fund” aimed at competitiveness. They argued in favour of maintaining diverse, adaptable financing tools that can attract both public and private investment, while safeguarding established EU policies like cohesion and agricultural support.  

The Parliament’s adopted stance will serve as its basis for negotiations with the Commission and Council, ahead of the Commission’s expected formal proposal in July.