The famous thought of James Frick “Don’t tell me where your priorities are. Show me where you spend your money and I’ll tell you what they are” applies quite precisely to one of the most intensely discussed topics, related to the future of the European integration – the multi-annual financial framework of the European Union for the period after 2020.
ed a Reflection paper on the future of EU finances. According to this Reflection paper, the next multi-annual financial framework will need to “fund more with less”. This should happen at a time when the budget of the EU is decreasing due to the withdrawal of the United Kingdom, while on the other hand, the EU is being increasingly pressured to do more for the stimulation of employment and growth, to improve the management of the Eurozone, to strengthen the security and the military cooperation, to manage the migrational influxes and to cope with the climate change.