About EU Funding
MEUSAC provides personalised assistance and support to Local Councils and NGOs in the practical aspects related to EU Funding Opportunities. Private Entities are also supported through dissemination of information. This is implemented through:
- One-to-one meetings with potential beneficiaries to discuss project proposals and identify EU funding possibilities
- Practical advice related to project planning and design whilst ensuring eligibility of projects in relation to the EU Funding Programmes being considered for financing
- Provision of specific technical assistance to help beneficiaries in drawing up funding applications
- Tailor-made hands-on information sessions for Local Councils and NGOs
- Dissemination of EU Funding information via email alerts
- Customer care help desk which caters for any queries on EU Funding opportunities
The Multiannual Financial Framework: the EU long-term spending plan
Stakeholders exploring possible funding opportunities under EU Funds are encouraged to better understand the EU priorities, in order to identify relevant EU funding programmes for their purposes. EU funding programmes, which enable different stakeholders to implement their project ideas, derive from the multiannual financial framework (MFF).
The MFF lays down the maximum annual amounts ('ceilings') which the EU may spend in different political fields ('headings') over a period of at least 5 years. The current MFF covers seven years: from 2014 to 2020.
The MFF is not the budget of the EU for seven years. It provides a framework for financial programming and budgetary discipline by ensuring that EU spending is predictable and stays within the agreed limits. It also allows the EU to carry out common policies over a period that is long enough to make them effective. This long term vision is important for potential beneficiaries of EU funds, co-financing authorities as well as national treasuries.
By defining in which areas the EU should invest more or less over a seven year period, the MFF is an expression of political priorities as much as a budgetary planning tool. The annual budget is adopted within this framework and usually remains below the MFF expenditure ceilings in order to retain some flexibility to cope with unforeseen needs.
Proposed by the European Commission, the regulation laying down the MFF must be adopted by the Council by unanimity after obtaining the consent of the European Parliament.
The MFF is part of a comprehensive package which also comprises the EU own resources and a set of sector-specific legislations defining the conditions of eligibility and the criteria for the allocation of funds for each EU spending programme.
Currently, the MFF 2014-20 is being reviewed by the Commission in order to take full account of the current economic situation and modify the framework to further meet the present priorities in the best way possible.
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