MFF

Today, the European Parliament adopted its position on the next EU long-term budget, the Multiannual Financial Framework. Its position called for an increased overall MFF budget, including for its external action, and supported proposals for EU own resources. In response, Hanna Saarinen, Oxfam EU Development Finance Policy Lead, said: “Today’s vote sent a clear signal to EU governments: Europe needs a bigger budget and new funding streams to back it up. 

Today, European Parliamentarians will cast their vote on the EU’s next long-term budget – a vote that will send a powerful political signal to the European Commission ahead of its proposal due out in July. But behind these numbers lies a key question: will the EU maintain its role as a credible donor, or will it quietly shift towards a transactional approach shaped by short-term political interests? 

International development cooperation has consistently been an integral component of the European Union's foreign policy. Like diplomacy, development cooperation is a means to foster stability, security and prosperity for all in an increasingly interconnected world. The COVID-19 pandemic, the climate crisis and the ripple effects of Russia’s full-scale invasion in Ukraine have underscored our global interdependence and the imperative for international collaboration, investment, and partnerships that promote equitable development globally while safeguarding the long-term interests of the EU and its citizens. 

 

In today’s world, the interconnectedness of societies, ecosystems, and economies is undeniable. Crises like climate change, pandemics, and conflicts transcend borders, affecting everyone, including EU citizens. To effectively address both current and future crises, as well as setbacks in human rights, sustainable development and gender equality, the EU urgently needs additional resources. Investing in these efforts benefits both EU citizens and people worldwide, reinforcing global security and stability for all.

Today, 26 EU leaders agreed on a revision to the EU’s long-term budget, with one EU country blocking the agreement. If confirmed in the new year, the deal would slash the new funding for external action proposed by the European Commission and supported by the European Parliament by prioritizing investment in migration management instead. 

With its new long-term budget, the EU missed a chance to put itself at the forefront of a fair and green recovery from the coronavirus pandemic, Oxfam said today.

The recovery fund and long-term EU budget agreed today do not match the urgency of our current situation and the challenges ahead, said Oxfam.

Today, the European Commission presented a coronavirus crisis recovery package for the EU.

Oxfam welcomes the EU increasing its aid for education, public health and gender equality in developing countries in its budget for 2019. However, it still falls short of allocating 20 percent of the aid budget to these vital areas.

Following a vote in the European Parliament on the EU budget for 2019, Oxfam is concerned that the EU continues to prioritize migration management at the expense of humanitarian action and sustainable development.