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The battle over Europe’s budget

Negotiations on the “Multiannual Financial Framework” are getting underway, but how to make up the Brexit-shaped shortfall?

By Beth Oppenheim  

European Commission President Jean-Claude Juncker, with Budget and Human Resources chief Günther Oettinger. Photo: Sven Hoppe/DPA/PA Images

The European Union has just begun negotiating its budget or Multiannual Financial Framework (MFF) for 2021-27, which will soon provoke the usual aggressive wrangling between member states. The EU27 will have to unanimously agree on the budget before it can be signed off. This time, the talks promise to be even thornier than usual. The UK’s planned exit will leave a hole of €10 to €15bn per year, which will need to…

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