Agreement on new Multiannual Financial Framework 2021-2027

Agreement on new Multiannual Financial Framework 2021-2027

On 10 November, the negotiators of the German Council Presidency and the European Parliament reached an agreement on the next EU Multiannual Financial Framework for the period 2021-2027. The deal which was brokered during the 12th round of negotiations will still have to be approved by all Member States in the EU Council and by the Plenary of the European Parliament.  

Parliament has already signaled that it is pleased with the outcome of the negotiations. The Commission also welcomed the agreement.  

On the side of the Member States, Poland and Hungary have voiced their concerns as the next EU Budget should be tied to a new rule of law conditionality that was agreed on by Parliament and Council negotiators on 5 November. Both states have not given their consent so far on the agreement, after the Council met on 19 November to vote on the package, meaning that the negotiations are ongoing. 

Especially the European Parliament has urged the concerned parties to move forward quickly, without, however, making concessions on the new conditionality agreement. Generally speaking, it is in everyone’s interest to find an agreement soon, so that the funding programmes  can be implemented. However, Poland and Hungary are at the moment sticking to their positions strictly and do not want to give their consent for the conditionality. It remains to be seen how and when this deadlock can be solved. 

If passed, the new MFF would see an increase of €16 bn for flagship EU programmes, as compared to the deal that was reached by EU leaders in July. The most relevant for sport include the following:  

·        + €2.2 bn for Erasmus (final amount: €23.4 bn)  

·        + €4 bn for Horizon Europe (final amount: €84.9 bn)  

·        + €3.4 bn for EU4Health (final amount: €5.1 bn) 

This timeline provides a good overview about the whole process. Additionally, the final numbers can be found here under Political Compromise Nov 2020 plus the EP top-up as well as in this infographic

Furthermore, negotiations are currently ongoing for the €650 bn Recovery and Resilience Facility (RRF), which makes up almost 90% of the NextGenerationEU instrument that was specifically set up to assist Member States with their recovery from the Covid-19 crisis. Sport is mentioned in the Parliament’s report on the RRF, which was used as basis to enter into the ongoing interinstitutional negotiations. 

It is important to keep in mind that while the budget is set now, the negotiations about the content of the different programmes are still ongoing. The EOC EU Office is working diligently to have sport included in as many programmes as possible, including for the first time in the European Regional Development Fund (ERDF), the European Social Fund Plus (ESF+) and the new EU4Health programme. Furthermore, the Office is working to ensure that 2% of the Erasmus budget would be earmarked for sport, which would amount to €468 Mio. This would constitute an increase of more than €200 Mio. compared to the previous MFF 2014-2020. 

Recent Posts

The results of the Sport Pilot Projects and Preparatory Actions selection

On 19 April, the EACEA announced the awarding of the  Pilot Projects and Preparatory Actions in the field of Sport. Out of the 142 applications submitted project proposals across the two available calls, 11 projects were financed: 4 projects under the Sport for People and Planet - a new approach on sustainability through sport in Europe 2023 […]

Read More
Football clubs subject to new Anti-Money Laundering Regulation

On 24 April, the European Parliament adopted a package of laws to strengthen the EU's ability to combat money laundering and terrorism financing. The regulation puts professional football clubs in scope, requiring them to verify customer identities, monitor transactions, and report any suspicious activity to Financial Intelligence Units (FIUs) beginning from 2029. Member States may […]

Read More
OCEAN Project presented during EU Sport Forum

On the first day of the EU Sport Forum 2024, OCEAN, the EOC EU Office’s Erasmus+ project that focuses on enabling NOCs to assess their carbon footprint, develop tailored reduction plans, and enhance their climate governance, was featured in the panel “Green and sustainable sport – Testimonials”. The EOC EU Office Deputy Director Eva Rebmann, […]

Read More

Related Posts

April 26, 2024
The results of the Sport Pilot Projects and Preparatory Actions selection

On 19 April, the EACEA announced the awarding of the  Pilot Projects and Preparatory Actions in the field of Sport. Out of the 142 applications submitted project proposals across the two available calls, 11 projects were financed: 4 projects under the Sport for People and Planet - a new approach on sustainability through sport in Europe 2023 […]

April 26, 2024
Football clubs subject to new Anti-Money Laundering Regulation

On 24 April, the European Parliament adopted a package of laws to strengthen the EU's ability to combat money laundering and terrorism financing. The regulation puts professional football clubs in scope, requiring them to verify customer identities, monitor transactions, and report any suspicious activity to Financial Intelligence Units (FIUs) beginning from 2029. Member States may […]

April 19, 2024
OCEAN Project presented during EU Sport Forum

On the first day of the EU Sport Forum 2024, OCEAN, the EOC EU Office’s Erasmus+ project that focuses on enabling NOCs to assess their carbon footprint, develop tailored reduction plans, and enhance their climate governance, was featured in the panel “Green and sustainable sport – Testimonials”. The EOC EU Office Deputy Director Eva Rebmann, […]

About us

The EOC EU Office is the House of European Sport, representing the European Olympic Committees (EOC), the IOC and other major sport organisations to the European institutions in Brussels.
CONTACT
crossmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram