Multiannual Financial Framework
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 3mo ago
The Multiannual Financial Framework is the EU's long-term budget plan. It sets the maximum amount of money the European Union can spend over a seven-year period, ensuring that funding is available for key priorities and that the budget remains sustainable.
This affects all EU member states and beneficiaries of EU funding, including farmers, researchers, and regional governments, by determining how much money is allocated to specific programs and policies.