Europe’s debate over the next MFF risks consuming enormous political capital for marginal changes that will not address its structural challenges (Photo: Author)

Column

Europe's new MFF — it's not about the size, it's about the strategy

EU Political

Opinion

by Judith Arnal, Madrid,

The European Commission has presented its proposal for the 2028–2034 Multiannual Financial Framework (MFF) as a turning point for the EU — a budgetary revolution built on a headline figure of nearly €2 trillion.

Yet behind the impressive nominal increase lies a more modest reality.

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EU Political Opinion Column

Disclaimer

The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Judith Arnal is a Spanish economist with the Real Instituto Elcano think-tank and the Centre for European Policy Studies.

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Europe’s debate over the next MFF risks consuming enormous political capital for marginal changes that will not address its structural challenges (Photo: Author)