The Multiannual Financial Framework and the Future of the European Union
The Multiannual Financial Framework and the Future of the European Union

Author(s): Dencho Georgiev
Subject(s): Politics / Political Sciences, Politics, Fiscal Politics / Budgeting
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Multiannual Financial Framework; EU Solidarity; Rule оf Law; Cohesion Policy; Progressive Taxation
Summary/Abstract: This paper will look at the proposed Multiannual Financial Framework (MFF) for 2021-2027 and will explore how to achieve a better future for Europe through compliance with legally binding values and objectives of the EU: democracy, equality, the rule of law, economic, social and territorial cohesion and solidarity between the Member States. It is suggested that by introducing progressivity, a reform of the EU’s finances, involving a change of paradigm in the financing of policies with redistributive effects, and a reform of the system of the EU’s own resources could ensure that solidarity becomes a matter of the rule of law and not of arbitrary governance.

• Details
• Contents