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DRAFT REPORT (0000/2024 – C90000 – 2023/0201(APP))

Containing a motion for a non-legislative resolution on the draft Council regulation amending Regulation (EU, Euratom) 2020/2093 laying down the multiannual financial framework for the years 2021 to 2027

BUDG-PR-758970

Committee on Budgets · Rapporteur: Jan Olbrycht, Margarida Marques

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✦ 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.

The Committee on Budgets draft report backs the draft Council regulation revising the 2021-2027 multiannual financial framework, which Parliament is asked to approve. It welcomes the EUR 50 billion Ukraine package, extra money for migration, external action and defence, and a new instrument for NextGenerationEU interest costs. It regrets cuts to Horizon Europe, EU4Health, cohesion and agriculture, the absence of progress on new own resources, and that flexibility and crisis response were not strengthened more. It calls for rapid implementation and close monitoring of payment needs.

Committee position. The rapporteur proposes that Parliament give its consent to the draft Council regulation revising the multiannual financial framework, while setting out criticisms of cuts to programmes and of limited flexibility, and calling for rapid implementation and full respect of Parliament's budgetary prerogatives.

Key points

  1. Says revising the MFF regulation is needed to fund Ukraine, raise funding for priorities and protect programmes and flexibility against higher borrowing costs.
  2. Notes Parliament's priorities are reflected in the Commission's June 2023 proposal and, at least partly, in the draft Council regulation.
  3. Calls the revision an improvement but says the budget stays under pressure, with limited margins, cuts to key programmes and reduced ambition.
  4. Welcomes the EUR 50 billion Ukraine package for 2024-2027, combining EUR 17 billion in grants and EUR 33 billion in loans, embedded in the EU budget with controls and a Ukraine Reserve.
  5. Welcomes EUR 3.1 billion in fresh money and EUR 4.5 billion in decommitted and redeployed funds for Heading 6, and EUR 2 billion more for Heading 4.
  6. Is disappointed that NDICI-Global Europe's cushion and humanitarian aid were not reinforced, and wants decommitted funds to respect the NDICI Regulation's budget lines.
  7. Says support for third countries should go through Heading 6 programmes, that Facilities are a last resort, and that the Ukraine Facility's governance is exceptional and not to be replicated.
  8. Welcomes the EUR 1.5 billion for the European Defence Fund but regrets limited extra resources for STEP and no fresh funding for other programmes.
  9. Welcomes the uncapped EURI instrument for NextGenerationEU borrowing costs, estimated shortfall of EUR 15 billion for 2025-2027, and insists on reliable Commission information.
  10. Welcomes the EUR 1.5 billion increase for the Solidarity and Emergency Aid Reserve and its split into two parts, but questions the two-thirds/one-third split.
  11. Regrets that the EUR 2 billion increase for the Flexibility Instrument is largely pre-allocated and that the payments cap for the Single Margin Instrument was not scrapped.
  12. Deplores cuts including EUR 2.1 billion to Horizon Europe, EUR 1 billion to EU4Health, EUR 0.4 billion to cohesion direct management and EUR 0.7 billion to the Common Agricultural Policy.

Who is affected

  • Ukraine: receives a EUR 50 billion financing package for 2024-2027 and medium-term budget support.
  • Member States: face additional contributions for the EURI backstop and inflation-linked rebates.
  • Beneficiaries of EU programmes: face cuts to Horizon Europe, EU4Health, cohesion and agriculture, and risk payment delays.
  • Third countries and migrants: benefit from Heading 6 and Heading 4 funding for migration, refugees and Western Balkans accession.
  • The Commission: must report on NextGenerationEU borrowing costs and explain programme changes.

Figures and deadlines

  • EUR 50 billion financing package for Ukraine for 2024-2027
  • EUR 17 billion in grants and EUR 33 billion in loans for Ukraine
  • EUR 3.1 billion in fresh money and EUR 4.5 billion in decommitted and redeployed funds for Heading 6, totalling EUR 7.6 billion
  • EUR 1.9 billion of Ukraine-related EIB guarantees and interest rate subsidies removed from Heading 6
  • EUR 2 billion additional for Heading 4
  • EUR 1.5 billion reinforcement of the European Defence Fund
  • EUR 15 billion estimated NextGenerationEU borrowing cost shortfall between 2025 and 2027
  • EUR 2.1 billion cut to Horizon Europe and EUR 1 billion cut to EU4Health

Legal basis: Articles 311, 312 and 323 of the Treaty on the Functioning of the European Union