How to square the circle of the next EU budget: Engaging European citizens

The European Commission will publish on 16 July its proposal for the next EU Multiannual Financial Framework (MFF)—the first step in a process that will eventually culminate in an agreement before the start of the next programming period in January 2028. Reaching an agreement is hard at the best of times. In the current context, there are at least three factors that make the exercise both exceedingly complex and politically tricky.

Read the full Discussion Paper here.

Marco Buti is the Tommaso Padoa Schioppa Chair at the European University Institute, and former Director General for Economic and Financial Affairs at the European Commission.

George Papaconstantinou is Chair in International Political Economy at the European University Institute, and a former Greek Finance Minister.

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