News Feeds
20 May 2025
Making the MFF Fit for Purpose
At the Annual EU Budget Conference, IMF European Department Director Alfred Kammer calls for a major overhaul of the EU’s Multiannual Financial Framework (MFF) to meet today’s complex challenges. He outlines three key priorities: scaling up investment in European public goods such as energy, defense, and innovation; making the budget more performance-based, streamlined, and flexible; and strengthening financing through expanded borrowing and new own resources. Kammer emphasizes that a more ambitious, effective EU budget is essential to boost resilience, support reform, and safeguard Europe’s future prosperity.
