Press Release

MFF revision: better use of available resources and €6 billion to reinforce key EU programmes

Strasbourg
, 05.04.2017 - 12:26
Erasmus+

“We are delighted to have adopted the first ever mid-term revision of the Multiannual Financial Framework (MFF) which will guarantee a better budgetary system for the remaining years of the current perspective. We have created more space for manoeuvre to respond to new challenges”, stated the Co-Rapporteur Jan Olbrycht MEP.

Over the past three years, new crises and priorities have emerged and pushed the MFF and the special instruments for flexibility to its limits: migration and the refugee crisis, external crises, internal security, backlog of unpaid bills, funding of the European Fund for Strategic Investments (EFSI), continuation of the Youth Employment Initiative or the crisis in agriculture.

This is the first time that a fully-fledged MFF mid-term revision has taken place. It was one of Parliament’s key demands in the negotiations leading to the adoption of the 2014-2020 MFF.

“The reinforcement of €6 billion will provide for additional support for SMEs, research, Erasmus+, to create jobs for young people and to enhance our citizens’ security”, concluded Olbrycht.

The EPP Group strongly believes that scarce resources should not result in a reduction of EU common priorities.

Note to Editors

The MFF mid-term revision reinforces several key EU programmes and policies:

- €200 million for Horizon 2020

- €300 million for CEF - Connecting Europe Facility

- €100 million for Erasmus+

- €100 million for COSME

- €25 million for Wifi4EU

- €150 million for EFSI 2.0

- €1200 million for the Youth Employment Initiative

- €2549 million for migration (Heading 3 - Security and citizenship)

- €1385 million for migration/External Investment Plan (Heading 4 - Global Europe)

The EPP Group is the largest political group in the European Parliament with 216 Members from 27 Member States

MEP Contacts

-
Jan OLBRYCHT
STR - Phone: +33 (0)3 88 175511 Fax: +33 (0)3 88 179511
Email: jan.olbrycht@europarl.europa.eu

Press Contacts

Agata Byczewska
Polish press; NATO; Pan-African Parliament; ACP; Communications Strategy
Phone: +32 473 841 093
Francisco Correia Da Silva
Portuguese press; Communications Strategy
Phone: +32 470 830 567

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