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GLOSSARY
Multiannual Financial Framework (MFF) definition
Published by a LexisNexis EU Law expert
What does Multiannual Financial Framework (MFF) mean?
The MFF sets out the annual ceilings of expenditure that can be spent on various EU policy areas and the EU’s political priorities. MFFs are adopted for multiannual periods (usually seven years) and the current framework runs for the period 2021–27. The MFFs ensure that EU spending remains both predictable and stays within agreed limits. MFFs also define flexibility mechanisms that allow additional spending in exceptional circumstances, such as natural disasters.
MFFs are proposed by the commission and then negotiated in the Council of the EU as well as in the European Parliament.
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