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EU council

Compromise on long-term EU budget: EP obtains €16 billion more for key programmes

2 mins read

The FINANCIAL — On Tuesday, after ten weeks of intense negotiations, Parliament’s budget negotiators agreed with the Council Presidency on the outline of an agreement on the next Multiannual Financial Framework (MFF 2021-2027) and new Own Resources. The compromise needs to be endorsed by both institutions. In the compromise, Parliament obtained €16 billion on top of the package agreed by heads of state or government at their summit in July. €15 billion will reinforce flagship programmes to protect citizens from the COVID-19 pandemic, provide opportunities to the next generation, and preserve European values. €1 billion will increase flexibility to address…

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Compromise on long-term EU budget: EP obtains €16 billion more for key programmes

2 mins read

The FINANCIAL — On Tuesday, after ten weeks of intense negotiations, Parliament’s budget negotiators agreed with the Council Presidency on the outline of an agreement on the next Multiannual Financial Framework (MFF 2021-2027) and new Own Resources. The compromise needs to be endorsed by both institutions. In the compromise, Parliament obtained €16 billion on top…

EU Council renewed sanctions against Al-Qaida and ISIL/Da’esh

1 min read

The FINANCIAL — The EU council renewed the EU sanctions regime against ISIL/Da’esh and Al-Qaida and the related list of people subject to restrictive measures for another year until 31 October 2021. The decision was taken in light of the ongoing terrorist threat. EU sanctions consist of a travel ban to the EU and an asset freeze for individuals, and an asset freeze for groups and…