European Parliament resolution of 3 July 2013 on the political agreement on the Multiannual Financial Framework 2014-2020

The European Parliament ,

1.  Welcomes the political agreement reached on 27 June 2013 at the highest political level between Parliament, the Council Presidency and the Commission on the Multiannual Financial Framework (MFF) 2014-2020, following long and strenuous negotiations; acknowledges the significant efforts of the Irish Presidency in reaching this agreement;

2.  Stresses that – thanks to Parliament's persistence in the negotiations – a number of provisions have been adopted for the first time which will be instrumental in making the new financial framework operational, consistent, transparent and more responsive to the needs of EU citizens; highlights, in particular, the new arrangements relating to revision of the MFF, flexibility, own resources and the unity and transparency of the budget, which were key priorities for Parliament in the negotiations;

3.  Is ready to put the MFF Regulation and the new Interinstitutional Agreement to the vote in the early autumn, as soon as the necessary technical and legal conditions for the finalisation of the relevant texts are fulfilled, so that the latter reflect the overall agreement reached between the Council and Parliament;

4.  Reiterates, however, its position, as set out in its aforementioned resolution on the MFF of 13 March 2013, that the consent vote on the MFF Regulation cannot be granted unless there is an absolute guarantee that the outstanding payment claims for 2013 will be covered in full; expects the Council, therefore, to take a formal decision on Draft Amending Budget 2/2013 for an amount of EUR 7.3 billion, no later than the Ecofin Council to be held on 9 July 2013; insists that the Council stick to its political commitment to adopt without delay a further amending budget to avoid any shortfall in payment appropriations that could lead to a structural deficit in the EU budget at the end of 2013; states that Parliament will not give its consent to the MFF Regulation or adopt the Budget 2014 until this new amending budget, covering the remaining deficit as identified by the Commission, has been adopted by the Council;


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Multiannual Financial Framework: political agreement reached

The President of the European Parliament, the President of the Council, with the support of the European Commission have reached political agreement on the Multiannual Financial Framework (MFF) for the programming period 2014-2020. Later today the European Council will discuss the Compact for Growth and Jobs.

Green light to launch formal talks on EU budget for 2014-2020

Press release- A meeting on Monday evening (6 May) between Commission President José Manuel Barroso, European Parliament President Martin Schulz and Taoiseach Enda Kenny for the Irish Presidency of the Council ended the current stalemate and paved the way to start political negotiations on the European Union's future budget 2014-2020 between Council, Parliament and Commission and on an amending budget for 2013. In the meeting the following was agreed:



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