Written by Alina Dobreva.
CONTEXTOn 16 July 2025, the European Commission adopted its proposal for the 2028-2034 multiannual financial framework (MFF), which was completed on 3 September with the adoption of a second package. The own resources part of the proposal is intended to equip the EU with a diversified revenue stream and sufficient means for delivering on EU priorities, as well as for the repayment of the debt created by Next Generation EU.
Legislative proposal2025/0574 (CNS) – Proposal for a Council decision on the system of own resources of the European Union and repealing Decision (EU, Euratom) 2020/2053 – COM(2025) 574, 16.7.2025.
NEXT STEPS IN THE EUROPEAN PARLIAMENTFor the latest developments in this legislative procedure, see the Legislative Train Schedule: 2025/0574 (CNS)
Read the complete briefing on ‘System of own resources: Multiannual financial framework 2028-2034‘ in the Think Tank pages of the European Parliament.