New Multiannual Financial Framework (MFF) for EU competitiveness & sustainability

This procedure focuses on the European Union's long-term budget, known as the Multiannual Financial Framework. It aims to align EU spending with strategic goals to ensure the Union remains competitive, sustainable, and inclusive while addressing evolving global challenges.

This affects all EU member states and beneficiaries of EU funding. It determines how financial resources are allocated across various policy areas, impacting public investments and regional development projects.