MFF (Own Resources), Rule of Law Conditionality & Recovery Fund

This procedure concerns the Multiannual Financial Framework (MFF), which sets the EU's spending limits and priorities for a multi-year period. It also covers the 'own resources' system for funding the budget, the Recovery Fund for Europe to support post-pandemic growth, and a mechanism to protect the budget from breaches of the rule of law.

This affects all EU Member States and their ability to access EU funding. It ensures that financial support is tied to the respect of democratic values and legal standards.