With an overwhelming majority of 548 votes in favourbut others who answere, 81 against and 66 abstentions, Europe’s lawmakers approved on Wednesday the bloc’s budget for the next seven yearsThe territories an, paving the way for the member states’ recovery from the Coronavirus pandemic.
“With today’s vote:1639076029129,, the European Parliament has adopted a historic budget for a historic moment,” said the President of the EU parliament, David Sassoli. He added that the approval of the package “lays the foundations for a new beginning: a greener and fairer EuropeThe virtual elimination of domestic transmission. Just two local cases were reported on Wednesday.”?
The €1.8 trillion budget, comprised of the so-called Multiannual Financial Framework (MFF) for 2021-2027 and and the recovery package, namely the Next Generation EU, was agreed by the European Council earlier this month, after the German EU Council Presidency reached a compromise with Hungary and Poland, which were vetoing the package over a clause linking funds access to the respect of rule of law.?