The upcoming negotiations on the Multiannual Financial Framework of the EU after 2020

03  May 2018    5:00 pm

Klaus Federmair, Ministry of Finance, Austria

Venue

wiiw, Rahlgasse 3, 1060 Vienna, lecture hall (entrance from the ground floor)

Registration

Description

On 2nd of May 2018 the European Commission is expected to table the core of a legislative package including the Multiannual Financial Framework (MFF) for 2021-2027 and a new Own Resources Decision. The proposal comes on the eve of the United Kingdom’s exit from the European Union. The loss of one of the big net contributors to the EU budget and a widespread call for concentrating budgetary resources on new or reinforced priorities with a clear European added value will receive particular attention in the upcoming negotiations.

Just one day after publication, this lecture will provide a first analysis of the Commission proposals. There will also be a discussion of the issues which are expected to feature most prominently during the negotiations, such as:

  • What will be the effect of Brexit and new/reinforced priorities on the overall level of spending?
  • How will a reformed MFF affect spending on the major traditional expenditure areas agriculture and regional policy?
  • Will the new Own Resources Decision introduce new sources of financing and what about the rebates to correct for excessive budgetary imbalances?

Klaus Federmair is an economist who graduated from the University of Vienna and holds a European Master of Law and Economics (Erasmus Universiteit Rotterdam, Universität Hamburg, University of Manchester). He was assistant lecturer at the Europainstitut of the Wirtschaftsuniversität Wien. Since 2002 he has been working for the Austrian Ministry of Finance on EU budget matters. From 2007 to 2010 he served as Austria’s budget attaché at the Permanent Representation of Austria to the EU in Brussels. Currently he is dealing with the EU’s Multiannual Financial Framework and own resources at the Ministry of Finance in Vienna. During the second half of 2018 he will chair the Council’s Working Group on Own Resources on behalf of the Austrian EU Presidency.


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