Summit on the EU’s long-term budget

Published

On Thursday 20 February, Prime Minister Stefan Löfven will be in Brussels to meet his colleagues in the European Council. They will try to agree on the EU’s long-term budget for 2021–2027.

PM Stefan Löfven
Prime Minister Stefan Löfven represents Sweden at the summit in Brussels on February 20. At the summit, the EU leaders will try to agree on the EU’s next long-term budget. Photo: European Council

At the extraordinary summit of the European Council, the EU leaders will try to agree on the EU’s next long-term budget. They will discuss how large the budget should be, how the money should be divided between different expenditure areas and where the money should come from. The long-term budget will apply for 2021–2027.

Negotiations on the EU’s long-term budget have been under way since May 2018 and are now nearing their conclusion. To prepare for the summit, President of the European Council Charles Michel has held talks with all 27 EU leaders.

Sweden’s priorities remain in place. Just like like-minded countries Austria, Denmark and the Netherlands, Sweden wants to limit the total volume to 1 per cent of the EU’s total GNI. Sweden’s contribution must be kept down and the Government wants to achieve this by ensuring an adequate rebate. The Government therefore considers that the proposals presented by the President of the European Council ahead of the summit are not good enough.

 

More about the extraordinary Summit