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MFF

News about MFF: events, facts and developments on tafs uz.

2 stories

Economy

Negotiations on the new EU seven-year budget for 2028–2034: structure, cuts and risks

Negotiations are underway on the new EU multiannual financial framework (MFF) for 2028–2034. The European Commission's proposal reorganises the budget into three pillars, including a Competitiveness Fund, but carries risks of cuts to social programmes. Germany has joined the 'frugal' countries demanding cuts of around €200 billion, and Chancellor Merz has threatened a budget blockade. Without an agreement by 2028, funding will simply cease.

Nilufar Karimova
3 min read
World

EU summit fails to move the needle on seven-year budget talks: year-end deal in doubt

At the summit in Brussels, EU leaders made no progress toward an agreement on the next multiannual financial framework (MFF). The Irish presidency's compromise to cut the budget by €141 billion was largely rejected. A number of leaders, including Ulf Kristersson and Giorgia Meloni, said they do not consider the December 2026 deadline binding, while European Council President António Costa warns of the risks of pushing talks into 2027.

Otabek Yusupov
4 min read