{"id":2661,"date":"2020-11-12T12:38:22","date_gmt":"2020-11-12T11:38:22","guid":{"rendered":"https:\/\/youthnetworks.net\/?p=2661"},"modified":"2020-11-12T12:38:25","modified_gmt":"2020-11-12T11:38:25","slug":"next-multiannual-financial-framework-eus-long-term-budget","status":"publish","type":"post","link":"https:\/\/youthnetworks.net\/next-multiannual-financial-framework-eus-long-term-budget\/","title":{"rendered":"Next Multiannual Financial Framework: the EU\u2019s Long-Term Budget"},"content":{"rendered":"\n<p>This week, the German presidency of the Council reached an agreement with the European Parliament\u2019s negotiators regarding the next multiannual financial framework. <\/p>\n\n\n\n<p>Importantly, the framework includes the budget aimed at the Erasmus+ program.<\/p>\n\n\n\n<p>The comprehensive financial package has an amount of\u00a0<strong>\u20ac1\u00a0824.3 billion<\/strong>. It combines the\u00a0next multiannual financial framework \u2013 \u20ac1\u00a0074.3\u00a0billion\u00a0\u2013 and a \u20ac750\u00a0billion temporary recovery instrument, Next Generation EU.<\/p>\n\n\n\n<p>Finally, the political package agreed with the Parliament includes:<\/p>\n\n\n\n<ul><li>a targeted <strong>reinforcement of EU programmes<\/strong>, including <strong>Horizon Europe<\/strong>, <strong>EU4Health<\/strong> and <strong>Erasmus+,<\/strong> by <strong>\u20ac15 billion<\/strong> through additional means (\u20ac12.5 billion) and reallocations (\u20ac2.5 billion) in the course of the next financial period, while respecting the expenditure ceilings set out in the European Council conclusions of 17-21 July;<\/li><li>more <strong>flexibility<\/strong> to allow the EU to respond to <strong>unforeseen needs<\/strong>;<\/li><li>greater involvement of the budgetary authority in the oversight of revenue under <strong>Next Generation EU<\/strong>;<\/li><li><strong>higher ambition on biodiversity<\/strong> and strengthened monitoring of biodiversity, climate and gender related spending;<\/li><li>an indicative roadmap towards the <strong>introduction of new own resources<\/strong>.<\/li><\/ul>\n\n\n\n<p>At this moment, the deal will be submitted to the member states for endorsement. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, the German presidency of the Council reached an agreement with the European Parliament\u2019s negotiators regarding the next multiannual financial framework. Importantly, the framework includes the budget aimed at the Erasmus+ program. The comprehensive financial package has an amount of\u00a0\u20ac1\u00a0824.3 billion. It combines the\u00a0next multiannual financial framework \u2013 \u20ac1\u00a0074.3\u00a0billion\u00a0\u2013 and a \u20ac750\u00a0billion temporary recovery [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":1714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[251],"tags":[170,186,540],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Next Multiannual Financial Framework for EU - Youth Networks<\/title>\n<meta name=\"description\" content=\"The German presidency of the Council reached an agreement with the European Parliament regarding the next multiannual financial framework.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youthnetworks.net\/next-multiannual-financial-framework-eus-long-term-budget\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Next Multiannual Financial Framework for EU - Youth Networks\" \/>\n<meta property=\"og:description\" content=\"The German presidency of the Council reached an agreement with the European Parliament regarding the next multiannual financial framework.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youthnetworks.net\/next-multiannual-financial-framework-eus-long-term-budget\/\" \/>\n<meta property=\"og:site_name\" content=\"Youth Networks\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-12T11:38:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-12T11:38:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youthnetworks.net\/wp-content\/uploads\/2019\/05\/flag-2608475_1280.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editorial Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editorial Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youthnetworks.net\/next-multiannual-financial-framework-eus-long-term-budget\/\",\"url\":\"https:\/\/youthnetworks.net\/next-multiannual-financial-framework-eus-long-term-budget\/\",\"name\":\"Next Multiannual Financial Framework for EU - 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