{"id":469053,"date":"2026-10-23T10:16:03","date_gmt":"2026-10-23T08:16:03","guid":{"rendered":"https:\/\/www.eunews.it\/2026\/10\/23\/bilancio-ue-serafin-la-nostra-proposta-consolida-lo-slancio-del-recovery-che-non-e-rinnovabile\/"},"modified":"2026-10-23T11:07:08","modified_gmt":"2026-10-23T09:07:08","slug":"eu-budget-serafin-our-proposal-builds-on-the-momentum-of-the-recovery-plan-which-cannot-be-renewed","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2026\/10\/23\/eu-budget-serafin-our-proposal-builds-on-the-momentum-of-the-recovery-plan-which-cannot-be-renewed\/","title":{"rendered":"EU budget, Serafin: “Our proposal builds on the momentum of the Recovery Plan, which cannot be renewed”"},"content":{"rendered":"

Brussels \u2013 The proposed multiannual financial framework for the EU (MFF or QFP 2028\u20132034) can bridge the gap left by the expiry of the post-pandemic recovery programme NextGenerationEU and the Recovery Fund, provided it is approved as presented by the European Commission. This was clarified by the Commissioner for the Budget, Piotr Serafin<\/strong>, in response to a parliamentary question tabled by the EPP<\/a>, which called for the establishment of a permanent mechanism along the lines of the one that has financed Member States\u2019 recovery to date. <\/p>\n

The parliamentary question tabled by the Greek MEP Georgios Aftias (New Democracy) highlights how, within the European People\u2019s Party (EPP), some consider it necessary to replicate this special financial instrument, highlighting a rift within a political group that has always made it clear that the NGEU \u2013 which includes the Recovery Fund \u2013 was intended to be an exception. At the same time, it highlights how the EPP-led Commission has sought to identify the most feasible political and legal means to replicate the effects of the post-pandemic recovery programme through a multiannual budget, despite objections to its overall size.<\/a><\/p>\n

Serafin makes this clear when he points out that the Commission has proposed an “ambitious” budget of 1.98 trillion euros at current prices for the period 2028\u20132034 (1,763 billion euros at constant prices, Ed.), equivalent to 1.26 per cent of the EU\u2019s Gross National Income, and that this budget \u201cwill allow the EU to build on the momentum created by NextGenerationEU and deliver on the tasks and responsibilities with which it has been entrusted,<\/strong>\u201d provided, however, it is approved as proposed – a reminder for the Heads of State and Government.<\/span><\/span><\/span> <\/p>\n

The Recovery and Resilience Facility (RRF),<\/strong> after all, was designed as a temporary and exceptional instrument in response to the COVID-19 crisis and, \u201ctherefore, not a permanent EU budget programme,<\/strong>\u201d Serafin noted. The only alternative to this deadline is the budget proposal drawn up by the European Commission. Member States have been warned.<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The EPP is calling for a permanent instrument along the lines of the one set up for post-pandemic recovery. The Commissioner for the Budget points out that the only way to replace it is to approve a \u2018generous\u2019 budget<\/p>\n","protected":false},"author":494,"featured_media":423045,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25681],"tags":[29807,26656,29294,33394],"class_list":["post-469053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","tag-budget-pluriennial-en","tag-piotr-serafin-en","tag-ue"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/469053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=469053"}],"version-history":[{"count":1,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/469053\/revisions"}],"predecessor-version":[{"id":469054,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/469053\/revisions\/469054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/423045"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=469053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=469053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=469053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}