A post-crisis budget that hurts no one

Pola Schneemelcher analyses the negotiations of the next Multiannual Financial Framework (MFF) in a publication for the ifo Schnelldienst. She argues that even moderate rebalancing is likely to create discontent among net recipients and net contributors. During the negotiations, the member states mainly focus on net balances. At the same time, the current economic environment allows – despite Brexit – to stronger support the digital transformation and migration policies. Cuts are planned for the budget dedicated to the common agricultural policy.

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