Commission to present MFF revision in early 2023

The European Parliament’s Committee on Budgets (BUDG) is calling on the Commission to undertake an „ambitious revision“ of the Multiannual Financial Framework (MFF) as soon as possible in light of the challenges posed by war, inflation and high energy prices. But with the decision of the Committee on Budget from yesterday’s session, MEPs demand „that the revision should not lead to a downward revision of pre-allocated national financial frameworks or EU programs.“ The Commission should present its legislative proposal no later than in the first quarter of 2023, they said.