Video Conference of the Members of the European Council: Multiannual Financial Framework and the Recovery Plan
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Video conference
The members of the European Council will meet via video conference to discuss the issue of a recovery fund to respond to the COVID-19 crisis and a new EU long term budget.
The proposal for a new recovery instrument and for the multiannual financial framework (MFF) for 2021-2027 presented by the European Commission on 27 May 2020 will be at the heart of the discussion. The President of the European Council issued a statement describing the proposal as an important step to target support towards helping the sectors and regions most affected by the pandemic.
The EU leaders’ discussion will serve as a thorough preparation for a summit at a later date which, if possible, will be a physical meeting.
On 23 April 2020, the European Council decided to work towards establishing a recovery fund to respond to the COVID-19 crisis. It tasked the European Commission to come up with a proposal urgently, which would also clarify the link between the fund and the EU’s long term budget.
Original source: European Commission
Published on 18 June 2020