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European Commission: publication of proposals for updated MFF and European recovery instrument

29. May 2020

On 27 May 2020, the European Commission published an updated proposal for the next Multi-annual Financial Framework (MFF), the long-term EU budget for the period 2021-2027. According to this, the next MFF would have an overall size of about 1,100 billion Euro* (somewhat lower than the Commission's original proposal from May 2018 but a little higher than a failed compromise proposal put forward in February this year).

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