06 Apr
European Union Covid-19 MEPS

COVID-19: Budget MEPs call for quick progress on post-2020 contingency plan

MEPs welcome Commission President’s announcement to update post-2020 EU budget proposal but urgently call for a more ambitious text than current one-

Considering the health crisis and consequent delays to finding a timely agreement on the new long-term EU budget, Budget MEPs reiterate their call for an urgent 2021 contingency plan.

While work on establishing the next Multiannual Financial Framework (MFF) 2021-2027 must go on, and take into account the fallout from the current health crisis in the long term, it is all the more urgent for the Commission to propose a contingency plan.

This contingency plan will enter into force on 1st January 2021, considering the delays for a timely MFF agreement to be expected due to the COVID-19-crisis, the Chair and Coordinators of the Committee on Budgets underlined.

Parliament has asked for such a contingency plan since October 2019.

The contingency plan should also be able to address the immediate consequences of the Corona emergency, in line with the positive steps being taken in the 2020 budget in terms of reorientation and reinforcements of existing instruments.

As for the MFF, the MEPs have recently, in their 26 March press release, called for an update of the current proposal from May 2018.

They welcomed the positive and prompt follow-up by Commission President Ursula von der Leyen with her announcement that “the Commission will propose changes in the MFF proposal that will allow to address the fallout of the coronavirus crisis.

A stimulus package

This will include a stimulus package that will ensure that cohesion within the Union is maintained through solidarity and responsibility.”

“We recall that the Union budget is indeed part of the solution to overcome the public health, economic and social shocks, in complementarity with other instruments and initiatives at both national and European levels,” the MEPs concluded

By: Estela Martín

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