multiannual financial framework of the European Union

E256087

The multiannual financial framework of the European Union is the EU’s long-term budget plan that sets binding expenditure ceilings and priorities over a multi-year period, guiding how EU funds are allocated and spent.

All labels observed (8)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf European Union budgetary instrument
long-term budget framework
multiannual financial framework
adoptedBy Council of the European Union
aimsTo ensure orderly development of EU expenditure
maintain budgetary discipline in the EU
allocatesResourcesTo cohesion policy
common agricultural policy
external action of the EU
migration and border management
research and innovation programmes
security and defence-related spending
alsoKnownAs EU long-term budget
EU multiannual financial framework
MFF
appliesTo general budget of the European Union
canBe revised under specific conditions
constrains size of annual EU budgets
covers a multi-year period
currentPeriod 2021–2027
defines headings of EU expenditure
maximum annual commitment appropriations
maximum annual payment appropriations
ensures predictability of EU funding over several years
enteredIntoForceAsTreatyConcept 1 December 2009
frameworkFor NextGenerationEU integration into EU budget (2021–2027)
guides EU spending priorities
allocation of EU funds
implementedThrough annual EU budgets
introducedAsLegalConceptBy Treaty of Lisbon
involvesInstitution Council of the European Union
European Commission
European Council
European Parliament
legalBasis Treaty on the Functioning of the European Union
legalBasisArticle Article 312 TFEU
linkedTo EU own resources system
negotiatedBy EU Member States
predecessor interinstitutional agreements on budgetary discipline
previousPeriod 2007–2013
2014–2020
regulates maximum annual amounts of EU expenditure
requires interinstitutional agreement on budgetary matters
requiresConsentFrom European Parliament
sets binding expenditure ceilings
subjectTo unanimity in the Council for adoption
timeHorizonMinimum 5 years
timeHorizonTypical 7 years

How these facts were elicited

Referenced by (11)

Full triples — surface form annotated when it differs from this entity's canonical label.

Directorate-General for Budget oversightOf multiannual financial framework of the European Union
Erasmus+ programme fundedBy European Union budget
linked to: multiannual financial framework of the European Union
Erasmus+ Key Action 1 decentralised actions fundedBy European Union budget
linked to: multiannual financial framework of the European Union
NDICI-Global Europe (neighbourhood component) partOf EU Multiannual Financial Framework 2021–2027
linked to: multiannual financial framework of the European Union
European Commission political cycle linkedTo Multiannual Financial Framework of the European Union
linked to: multiannual financial framework of the European Union
multiannual financial framework of the European Union alsoKnownAs EU multiannual financial framework
linked to: multiannual financial framework of the European Union
multiannual financial framework of the European Union alsoKnownAs EU long-term budget
linked to: multiannual financial framework of the European Union
BUDG usesInstrument Multiannual Financial Framework
linked to: multiannual financial framework of the European Union
Asylum, Migration and Integration Fund partOf EU Multiannual Financial Framework 2014–2020
linked to: multiannual financial framework of the European Union
Asylum, Migration and Integration Fund partOf EU Multiannual Financial Framework 2021–2027
linked to: multiannual financial framework of the European Union
Border Management and Visa Instrument partOf EU Multiannual Financial Framework 2021–2027
linked to: multiannual financial framework of the European Union