Mid-term revision of the 2021-2027 MFF: Interim report on Commission proposal
28 September 2023
On 20 June 2023, the Commission made a proposal for a revision of the EU's long-term budget, to urgently address shortcomings and provide further financial support to Ukraine. Overall, the Committee on Budgets (BUDG) supports the revision in its interim report, pending the formal request from the Council, which has yet to agree its position, for consent to the revision. But BUDG says that an additional €10 billion, on top of the €65.8 billion proposed by the Commission, is needed to address the challenges properly. MEPs stress the urgency of adopting the revision so that it can be applied to the 2024 budgetary procedure.