Skip to content
RECOMMENDATION (05818/2024 – C9-0030/2024 – 2023/0201(APP))

On the draft Council regulation amending Regulation (EU, Euratom) 2020/2093 laying down the multiannual financial framework for the years 2021 to 2027

A-9-2024-0051

Committee on Budgets · Rapporteur: Jan Olbrycht, Margarida Marques

Official HTML ↗ PDF DOCX
✦ In shortFull textProcedure & committee votes
✦ In short · AI summary of this text, generated 26 Sept 2026

Written by a language model from the full text only; every figure comes from the text. The paragraph links open the paragraph a statement rests on — check the text itself before relying on it.

Parliament's Committee on Budgets recommends that Parliament give its consent to a draft Council regulation amending the multiannual financial framework (MFF) for 2021 to 2027. The amended regulation revises spending ceilings for Headings 1 to 6 for 2024 to 2027 and adjusts the Brexit Adjustment Reserve and the European Globalisation Adjustment Fund. It creates a Ukraine Reserve of up to EUR 17 000 million for 2024 to 2027 and extends the EU budget guarantee for loans to Ukraine of up to EUR 33 billion. It creates a EURI Instrument to cover interest cost overruns on NextGenerationEU borrowing above set annual amounts for 2025 to 2027. It splits the Solidarity and Emergency Aid Reserve into a European Solidarity Reserve and an Emergency Aid Reserve, and reinforces the Flexibility Instrument. Parliament also approves a joint declaration on re-using decommitted research funds.

Committee position. The Committee on Budgets recommends that Parliament give its consent to the draft Council regulation and approve the annexed joint declaration.

Key points

  1. Parliament gives its consent to the draft Council regulation amending the MFF for 2021 to 2027.
  2. Parliament approves the joint declaration by Parliament, the Council and the Commission annexed to the resolution.
  3. Commitment appropriations ceilings for Headings 1, 2, 3, 4, 5 and 6 are modified for 2024, 2025, 2026 and 2027; payment ceilings stay at current levels.
  4. The capping in payment appropriations for the Single Margin Instrument for 2026 is adjusted to avoid backlogs.
  5. The total amount of additional allocations under the programme-specific adjustment is set at EUR 10 155 million (in 2018 prices) for 2022 to 2027.
  6. The Brexit Adjustment Reserve is capped at EUR 4 491 million (in 2018 prices) and the European Globalisation Adjustment Fund at EUR 30 million per year (in 2018 prices).
  7. The Solidarity and Emergency Aid Reserve is split into a European Solidarity Reserve (up to EUR 1 016 million per year) and an Emergency Aid Reserve (up to EUR 508 million per year).
  8. The Flexibility Instrument is set at EUR 1 346 million per year for 2024 to 2027, increased by lapsed amounts from the two reserves.
  9. A Ukraine Reserve is created with an overall amount of EUR 17 000 million for 2024 to 2027 and a maximum annual mobilisation of EUR 5 000 million.
  10. The EU budget guarantee for financial assistance to Ukraine is extended to 2027 for loans of up to EUR 33 000 million, mobilised over and above MFF ceilings.
  11. A EURI Instrument is created to cover interest cost overruns above EUR 2 332 million in 2025, EUR 3 196 million in 2026 and EUR 4 168 million in 2027 (in 2018 prices).
  12. The regulation enters into force on the day of publication and applies retroactively from 1 January 2024.

Who is affected

  • Ukraine: support through loans, non-repayable aid and guarantees under the Ukraine Facility.
  • EU member states: national envelopes under the Common Agricultural Policy and cohesion policy are not affected by the EURI Instrument.
  • Countries and regions hit by natural disasters: support from the European Solidarity Reserve.
  • Research programme: benefits from re-used decommitted funds.

Figures and deadlines

  • EUR 33 billion: amount of loans for Ukraine covered by the EU budget guarantee.
  • EUR 17 000 million: overall amount of the Ukraine Reserve for 2024 to 2027.
  • EUR 5 000 million: maximum annual amount mobilised under the Ukraine Reserve.
  • EUR 2 332 million (2025), EUR 3 196 million (2026), EUR 4 168 million (2027): EURI interest cost thresholds in 2018 prices.
  • EUR 1 016 million: maximum annual amount of the European Solidarity Reserve.
  • EUR 508 million: maximum annual amount of the Emergency Aid Reserve.
  • EUR 4 491 million: maximum amount of the Brexit Adjustment Reserve.
  • EUR 1 346 million: annual ceiling for the Flexibility Instrument for 2024 to 2027.

Legal basis: Article 312(2) of the Treaty on the Functioning of the European Union.