(AGENPARL) - Roma, 3 Febbraio 2026 - (AGENPARL) – Tue 03 February 2026 Newsletter
ISSUE 3 – 2026
THURSDAY, 5 FEBRUARY 2026
9.30 – 11.30
11.30 – 12.30
(JOINTLY WITH AFET AND DEVE COMMITTEES)
SPAAK 1A002, BRUSSELS
BUDG NEWSLETTER – ISSUE 3 – 2026
*** Thursday, 5 February 2026, 9.30 – 11.30 ***
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Interim report on the proposal for the multiannual financial framework for 2028-2034
The European Commission issued its proposal for the post-2027 MFF
on 16 July 2025 and completed it with an additional package of
sectoral proposals on 3 September 2025. On 11 December 2025, the
co-rapporteurs presented their draft interim report, in which they
called for a significantly strengthened 2028–2034 Multiannual
Financial Framework (MFF) and set at a minimum of 1.27% of EU GNI
for programmes, excluding the NGEU debt repayments, which
should be accounted for separately. They argued that this
represented the bare minimum to equip the Union to address
intensifying geopolitical, economic, social, and environmental
challenges in a fast-changing world. The draft report also calls for
higher funding for established Treaty policies, warns against merging
programmes in ways that undermine predictability and transparency,
and insists on preserving the EU budget as a provider of European
public goods rather than enabling an “à la carte” Europe. Parliament
welcomes major reinforcements for competitiveness, research,
defence, and the external dimension, but stresses that consolidation
must not erode parliamentary oversight or diminish clarity of
objectives.
Co-rapporteurs:
Siegfried Muresan (EPP)
Carla Tavares (S&D)
Shadow Rapporteurs:
Tamás Deutsch (PfE)
Roberts Zīle (ECR)
Fabienne Keller (Renew)
Rasmus Nordqvist (Greens/EFA)
João Oliveira (The Left)
Alexander Jungbluth (ESN)
Adoption in BUDG:
08-09 April 2026
Plenary: May 2026
The resolution demands strong democratic accountability across all
elements of the next MFF, rejecting simplification leading to reduced
transparency, such as insufficient budgetary nomenclature, and
programme design features leading to any loss of parliamentary
oversight. The co-rapporteurs insisted that funding access must
remain tied to respect for EU values and the rule of law, and that new,
sustainable own resources are essential to finance EU priorities and reduce reliance on national contributions.
The draft report reaffirmed that the MFF and related instruments must be negotiated as a full package and
that Parliament’s prerogatives as co-legislator and budgetary authority must be upheld throughout.
Since the presentation, Members of the Committee on Budgets have tabled 1050 amendments to the draft
report. The co-rapporteurs will hold an exchange of views on the tabled amendments in order to hear about
the priorities and main concerns of the various Members and political groups in the committee, and discuss
the way forward.
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BUDG NEWSLETTER – ISSUE 3 – 2026
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2026 Budget: Section III – Commission
– No transfer request
Rapporteur:
Andrzej Halicki (EPP)
Shadow Rapporteurs:
Nils Usakovs (S&D)
Tamás Deutsch (PfE)
Ruggero Razza (ECR)
Stine Bosse (Renew)
Nicolae Ştefănuță (Greens/EFA)
Joao Oliveira (The Left)
Alexander Jungbluth (ESN)
______________________________________________________________________________________________________
2026 Budget: Other Sections
– No transfer request
Rapporteur:
Matjaž Nemec (S&D)
Shadow Rapporteurs:
Michalis Hadjipantela (EPP)
Julien Sanchez (PfE)
Ruggero Razza (ECR)
Fabienne Keller (Renew)
Ignazio Marino (Greens/EFA)
(The Left)
Alexander Jungbluth (ESN)
______________________________________________________________________________________________________
Building policy
– No building project
Rapporteur:
Olivier Chastel (Renew)
Shadow Rapporteurs:
Monika Hohlmeier (EPP)
Nils Ušakovs (S&D)
Angéline Furet (PfE)
Ruggero Razza (ECR)
Ignazio Marino (Greens/EFA)
(The Left)
Alexander Jungbluth (ESN)
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BUDG NEWSLETTER – ISSUE 3 – 2026
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*** VOTING TIME ***
Conclusion, on behalf of the Union, of the Protocol on the
implementation of the Sustainable Fisheries Partnership
Agreement between the European Union and the
Government of the Cook Islands (2025-2032)
Members of the Committee on Budgets will vote on the draft
budgetary assessment on the conclusion, on behalf of the Union, of
the Protocol on the implementation of the Sustainable Fisheries
Partnership Agreement between the European Union and the
Government of the Cook Islands (2025-2032).
The financial contribution to the new Protocol for the duration of its
(a) an annual amount of EUR 165 000 for access to fishery
its whole duration;
(b) support for development of the Cook Islands’ sectoral fisheries
for the duration of the Protocol.
The rapporteur, Mr Chastel, concluded that the Protocol is compatible
with the budgetary framework and that the PECH Committee shall be
advised to approve the Fisheries Agreement.
Rapporteur:
Olivier Chastel (Renew)
Shadow Rapporteurs:
Hélder Sousa Silva (EPP)
Sandra Gomez Lopez (S&D)
(PfE)
Bogdan Rzońca (ECR)
Rasmus Nordqvist (Greens/EFA)
(The Left)
(ESN)
Deadline for tabling amendments:
21 January 2026 at 17.00
Adoption in BUDG:
5 February 2026
Adoption in PECH:
15 April 2026
Plenary:
May 2026
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BUDG NEWSLETTER – ISSUE 3 – 2026
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The Commission’s 2025 Rule of Law report – annual report
The Committee will vote on an opinion to the draft own-initiative
report of the LIBE committee on the Commission’s Annual Rule of
Law report.
In draft compromise amendments put forward ahead of the vote, the
BUDG Rapporteur for opinion proposes to further reinforce the
protection of the Rule of Law (RoL)-related budgetary tools and to
set up a unified and transparent framework integrating all RoL
instruments across EU programmes; opposes diverting frozen funds;
and insists that the conditionality mechanism should not be used as
a last resort only, but could be used to provide adequate funding for
EU bodies like EPPO and OLAF to strengthen investigations and
independent monitoring of EU-funded projects. He warns that a
weakened judiciary system and administrative bias could endanger
sound financial management and urges a more proactive use of RoL
tools. He further emphasizes the need for stronger links between
financial oversight, RoL reports, and EU budget protection, while
shielding final beneficiaries from funding suspensions.
Rapporteur:
Jean-Marc Germain (S&D)
Shadow Rapporteurs:
Isabel Benjumea Benjumea (EPP)
Tamás Deutsch (PfE)
(ECR)
Moritz Körner (Renew)
Rasmus Nordqvist (Greens/EFA)
Rima Hassan (The Left)
(ESN)
Deadline for tabling amendments:
18 December 2025 at 12:00
Adoption in BUDG:
5 February 2026
Adoption in LIBE:
17 March 2026
Plenary:
April 2026
*** END OF VOTE ***
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BUDG NEWSLETTER – ISSUE 3 – 2026
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Proposal for a revision of the 2021-2027 MFF Regulation on the financing of the Ukraine
Support Loan
On 14 January 2026, the Commission published its amended proposal for a Council Regulation amending
Regulation (EU, Euratom) 2020/2093 laying down the multiannual financial framework (MFF) for the years
2021 to 2027, as part of the package of proposals submitted for the establishment of the Ukraine Support
Loan to be implemented under enhanced cooperation.
The proposal of the Commission extends the possibility for a mobilisation of a guarantee for financial
assistance over and above the MFF ceilings for the proposed Ukraine Support Loan and proposes to establish
a new special instrument called the ‘Ukraine Loan Instrument’ that may be mobilised in the framework of the
annual budgetary procedure foreseen under Article 314 TFEU to cover for debt service costs.
The Committee on Budgets and the European Parliament have repeatedly expressed their unwavering
support to Ukraine and called for additional financial assistance. The financing gap faced by Ukraine requires
urgent action, and the European Parliament has already decided to treat most of the Ukraine Support Loan
package under an urgent procedure in plenary (Rule 170 (6)).
Members of the Committee on Budgets will hold an exchange of views with the Commissioner responsible
for Budget, Anti-Fraud and Public Administration, Mr Piotr Serafin, in order to obtain further information on
the financial impact of the proposed amendment. Discussions will also touch upon amendments that may be
tabled by the Council to the proposal before referring it to Parliament for consent, with at heart the main
concern that this amendment to the MFF should not be one that puts at risk the programmes financed by
the EU budget. The issue of debt service costs in particular is a serious concern for Members and it is
essential that the MFF not be amended in a way which would result in cuts in the annual budget 2027.
On the same day, a trilateral meeting between negotiators of the European Parliament (BUDG Chair and MFF
Rapporteurs), the Council and the Commission will also take place, as part of the measures meant to facilitate
Parliament’s final consent.
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BUDG NEWSLETTER – ISSUE 3 – 2026
*** Thursday, 5 February 2026, 11.30 – 12.30 ***
______________________________________________________________________________________________________
Mobilisation of the NDICI-Global Europe flexibility cushion on Greenland, India, Syria, and the
Global Fund to fight AIDS, tuberculosis and malaria
Jointly with the Committee on Foreign Affairs (AFET) and the Committee on Development
(DEVE)
The NDICI-Global Europe cushion is a strategic reserve that offers financial flexibility within the EU’s external
spending. It enables an appropriate response in the event of unforeseen circumstances, allows to address
new needs or emerging challenges and can be used to promote new Union-led or international initiatives.
On 26 January 2026, the Commission informed the European Parliament of its intention to mobilise the
cushion for a series of objectives:
To step up cooperation with Greenland with a total package of EUR 200 million, out of which EUR
150 million from the cushion. The aim of this mobilisation is to support a series of key projects jointly
identified with Greenland, including on critical raw materials, energy or administrative capacity.
To support India for the reduction of greenhouse gas emissions and for the acceleration of its longterm sustainable industrial transformation for a total amount of EUR 500 million over 2026-2027, to
be funded from the cushion. This mobilisation takes place in the context of negotiations for a Free
Trade Agreement with India.
To pursue the EU’s commitment to the Global Fund to fight AIDS, tuberculosis and malaria through
an initial pledge of EUR 185 million, planned for 2027 and dedicated to Sub-Saharan countries, out
of which EUR 150 million are funded from the cushion. This is the first pledge of a series of pledges
the Commission intends to make as part of the 8th pledging cycle to the Fund, to be implemented
from 2027 to 2029.
To launch a new political partnership with Syria following the fall of the Assad regime. To that end,
the Commission plans to pledge EUR 280 million, out of which EUR 150 million from the cushion, for
Syria’s bilateral allocation in 2026 and 2027. Funds will focus in particular on support to the political
transition, socio-economic recovery and job creation, and capacity building.
The total amount of these mobilisations from the cushion is EUR 950 million. According to the Commission’s
multiannual planning of the NDICI-Global Europe’s cushion, this substantially exhausts the availabilities of
the cushion and would result in EUR 159 million left to be mobilised in 2027.
The European Parliament’s role in the use of the cushion is limited. Therefore, ensuring that a mobilisation of
this scale is discussed in the framework of an exchange of views between competent committees and the
Commission is important to ensure Parliament’s effective scrutiny. In this context, Members of the
Committees on Foreign Affairs, on Development and on Budgets will hold an exchange of views with Myriam
Ferran, Deputy-Director General of the Directorate-General for International Partnerships, to discuss the
objectives pursued by the Commission as well as the state of play of the multiannual planning of the cushion.
Furthermore, discussing Parliament’s role in the mobilisation of this flexibility tool will be relevant in light of
the discussions on the proposed Global Europe instrument under the next MFF 2028-2034.
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BUDG NEWSLETTER – ISSUE 3 – 2026
NEXT MEETINGS
25-26 February 2026
NEWS FROM THE BUDGETARY SUPPORT UNIT
Recent publications
Publications Catalogue 2024 – 2029
Briefing “Social mainstreaming in the EU budget: assessment of the MFF package”
Briefing “Performance framework for the 2028 – 2034 MFF”
Briefing “Mapping of existing, proposed and potential own resources as well as other revenue
sources”
Briefing “Financing competitiveness in the EU”
Briefing “Towards a Coherent EU Defence Investment Framework”
Briefing “Competitiveness in the current 2021- 2027 MFF”
Briefing “Can the European Competitiveness Fund deliver?”
Briefing “An overview of the budgetary and budgetary control aspects of the NRPP proposal”
Briefing “Background information on the post-2027 MFF – January 2026”
Briefing “Background information on the post-2027 MFF – December 2025”
Briefing “Background information on the post-2027 MFF- November 2025”
Briefing “Romania’s fiscal situation: state-of-play and legal framework”
In-Depth Analysis “Recovery and Resilience Dialogue with the European Commission – 24 November
2025”
Briefing “Gender budgeting in the 2021-2027 period and the proposal for the 2028-2034 Multiannual
Financial Framework”
Study “Smart conditionality in practice: exploring legality, feasibility and implementation”
At a Glance “Smart conditionality in practice: exploring legality, feasibility and implementation”
In-Depth Analysis “Recovery and Resilience Dialogue with the European Commission 8 September
2025”
In-Depth Analysis “Recovery and Resilience Dialogue with the European Commission 16 June 2025”
Study “Glossary on policy concepts related to Performance, Mainstreaming and Conditionality Part
2: Extended discussion”
Study “Glossary on policy concepts related to Performance, Mainstreaming and Conditionality Part
1: Definitions”
At a Glance “Adapting the EU budget to make it fit for the purpose of future enlargements”
Study “Adapting the EU budget to make it fit for the purpose of future enlargements”
Study “Mapping the current structure and discovering the potential of ‘other revenue’”
Study “Performance and mainstreaming framework for the EU budget”
At a Glance “Performance and mainstreaming framework for the EU budget”
Briefing “What Governance Model and Oversight Regime for the EU Budget after the Recovery and
Resilience Facility?”
Briefing “Transparency and oversight in the Commission’s MFF proposals on a performance-based
EU budget: lessons learned from the RRF”
Briefing “Performance framework for the 2028 – 2034 MFF”
Briefing “Climate and biodiversity mainstreaming in the EU budget State of play in 2024”
Study “Parliamentary budgetary control – an international overview”
Study “Country fiches for the study on Parliamentary budgetary control”
At a Glance “Nomination for a Member of the European Court of Auditors: Germany”
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BUDG NEWSLETTER – ISSUE 3 – 2026
At a Glance “Nomination for a Member of the European Court of Auditors: Greece”
At a Glance “Nomination for a Member of the European Court of Auditors: France”
Study “50th anniversary of the Budgetary Treaty of Brussels” (proceedings and documents)
Briefing “Setting up the EU Court of Auditors: A view from the inside”
Briefing “The Crisis of the Santer Commission Lessons learned for the CONT Committee”
Briefing “Reflections on the challenges of future budgetary control: Implications for the work of the
European Parliament”
Briefing “From parliamentary scrutiny to systemic accountability: Rethinking EU budgetary control”
Briefing “Budgetary control when there is increased resort to performance based instruments”
At a Glance “Nomination for Members of the European Court of Auditors: the Netherlands”
At a Glance “Nomination for Members of the European Court of Auditors: Luxembourg”
At a Glance “Nominations for Members of the European Court of Auditors: Croatia”
At a Glance “Nominations for Members of the European Court of Auditors: Romania”
Study “Implementation of the gender mainstreaming methodology in the EU budget”
Briefing “Two Decades of Progress: Evaluating the Successes and Lessons in Implementing the EU
Budget from the 2004 Enlargement”
Briefing “Two Decades of Progress: Evaluating the Successes and Lessons in Implementing the EU
Budget from the 2004 Enlargement Governance and Financial Management of cohesion policy
funds”
Briefing “Research for REGI, CONT and BUDG Committees-Cohesion Policy Calendar (2021-2027
and 2014-2020 Programming Periods) July 2025 update”
Study “Performance-based instruments: How could their design be improved?”
Study “Error rates compared: Methodologies underpinning the European Commission’s risk at
payment/closure and the European Court of Auditors’ estimated level of error”
Briefing “The Financial Transparency System – How to improve its functioning and reliability”
Forthcoming publications
Study “EU support for natural disasters: assessing the adequacy of the post-2027 MFF proposals”
Study “Management and control structures for ERDF programmes in recently acceded Member
States”
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BUDG NEWSLETTER – ISSUE 3 – 2026
DISCLAIMER
The items contained herein are drafted by the BUDG secretariat of the European Parliament and are provided
for general information purposes only. The opinions expressed in this document are the sole responsibility
of the author(s) and do not necessary represent the official position of the European Parliament. This
document may contain links to websites that are created and maintained by other organisations. The
Secretariat does not necessarily endorse the view(s) expressed on these websites.
Images used are under the license from Adobe Stock.
Contacts
Committee on Budgets
Head of Secretariat: Guillaume Rey
Budgetary Support Unit
Head of Unit: Darren Neville
 BUDG Committee Webpage
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