On 16 July 2025, the European Commission published the proposal for the new Multi-annual Financial Framework (MFF) 2028-2034. For the next budget, the EU’s financial means amount to almost EUR 2 trillion, which equals 1,26% of the EU’s average gross national income between 2028 and 2034.
The framework proposal aims at embracing the EU’s ambitious policy objectives through investments for an independent, prosperous, secure, and thriving Europe.
The current proposal includes the following key features – as published by the European Commission:
- More flexibility across the budget, so Europe has the capacity to act – and react – fast when circumstances change unexpectedly or when new policy priorities need to be addressed;
- Simpler, more streamlined and harmonised EU financial programmes, so that citizens and companies can easily find and access funding opportunities;
- A budget tailored to local needs, with National and Regional Partnership Plans for investments and reforms, for targeted impact where it matters most and ensuring a faster and more flexible support for more economic, social and territorial cohesion across our Union;
- A powerful competitiveness boost, for Europe to secure supply chains, scale-up innovation and lead the global race for clean and smart technology;
- A balanced package of new own resources that ensures adequate revenues for our priorities while minimising pressure on national public finances.
Where to find more information
The website of the European Commission provides factsheet on supported policy areas. Furthermore, all documents – proposals, communications of the European Commission etc. – are available for download. For more information, please visit the website fo the European Commission.
