The budget of the European Union, as determined by the Multiannual Financial Framework (MFF), is an essential tool to achieve our shared objectives and deliver on the commitments made. Therefore, the MFF has always been a matter for the Leaders, and the post-2020 MFF will be a recurring theme on the agenda of the European Council. The purpose of the Leaders’ discussion on 23 February is to prepare the ground for that process.
In line with Treaty objectives, the bulk of the EU budget supports agriculture and rural development as well as investments under the cohesion policy. Research and innovation is a priority whose share in the MFF 2014-2020 has grown significantly, reflecting its importance for the EU’s competitiveness. The EU’s external action and Trans-European transport and energy infrastructure are other increasingly important financing areas.
 Leaders' Agenda MFF.pdf | [ ] |
