<p>There have been five multiannual financial frameworks (MFFs) to date. The Treaty of Lisbon transformed the MFF from an interinstitutional agreement into a legally binding act.</p>

<p>Established for a period of at least five years, an MFF must ensure that the Union’s expenditure develops in an orderly manner and within the limits of its own resources, and sets out provisions with which the annual budget of the Union must comply, thus laying down the cornerstone of financial discipline.</p>

Multiannual financial framework 2021-2027 (T)

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Debate on Interim report on the Multiannual Financial Framework 2021-2027- Parliament's position with a view to an agreement : round of political group speakers - Sotirios ZARIANOPOULOS (NI, EL) (10:09 - 10:11)

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Debate on Interim report on the Multiannual Financial Framework 2021-2027- Parliament's position with a view to an agreement : round of political group speakers - José Manuel FERNANDES (EPP, PT) (09:49 - 09:52)

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Debate on Interim report on the Multiannual Financial Framework 2021-2027- Parliament's position with a view to an agreement : round of political group speakers - Marco ZANNI (ENF, IT) (10:07 - 10:09)

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