The European Commission recently released a communication titled ‘The Road to the next Multiannual Financial Framework,’ outlining the key policy and budgetary challenges for the upcoming MFF, starting in 2028.
The Confederation of Swedish Enterprise welcomes the Commission’s emphasis on joint projects and objectives, recognizing their potential to strengthen cohesion and drive development across the EU. However, to ensure meaningful implementation and impact, several critical aspects of the Commission’s roadmap must be addressed.
The next EU Multiannual Financial Framework (MFF) needs to be built on solid principles that guarantee real economic impact. Rather than being input- and process-driven, it must shift towards measurable outcomes that enhance European competitiveness. A more bottom-up, business-driven approach to funding would help direct resources where they generate the most value. By focusing on results rather than processes, EU financial instruments can better support innovation, growth, and global competitiveness.
Giving Member States and regions greater responsibility in cohesion and growth policies is a positive step, as it allows for more efficient and adaptable policies tailored to local needs. However, practical implementation may prove challenging. If coupled with necessary reforms, this decentralization could lead to significant progress. In addition, aligning it with the EU’s renewed economic framework will further reinforce its effectiveness.
The proposed European Competitiveness Fund has the potential to drive meaningful investments. However, in current funds impact assessments and cost-benefit analyses are lacking, which is essential. Without a strong scientific foundation, some of the proposed competitiveness measures risk being ineffective, making it crucial to base decisions on solid evidence. Further, projects should be pursued at the EU level to ensure real added value.
A revamped approach to external action financing, one that is more targeted and aligned with EU strategic interests, could be a positive development—especially if it strengthens the EU’s defense capabilities and international standing. That said, it is vital to ensure that funding is distributed fairly and does not disproportionately benefit the industries of specific Member States.
Stronger safeguards to uphold the rule of law are highly welcome, as they are fundamental to the EU’s democratic legitimacy and cohesion. Ensuring these principles remain intact will help maintain trust and stability within the Union.
At the same time, caution is necessary regarding the proposed modernization and strengthening of EU revenue streams, particularly through new own resources. Without clear proof that EU funds are being used efficiently and delivering tangible added value, we strongly oppose increased taxes and loans. A greater emphasis on performance measurement and transparency is needed to ensure taxpayers’ money is managed wisely and fairly.
Overall, while the proposals contain several promising elements, careful planning, accountability, and clear performance requirements will be key to ensuring that EU funds are used effectively and equitably.