EU Fact Sheets - The Union’s expenditure - 01-02-2018

EU Fact Sheets - The Union's expenditure - 01-02-2018 08-03-2018 12:00 AM CET Budget expenditure is approved jointly by the Council and Parliament. The annual EU budget must respect the budgetary ceilings agreed under the multiannual financial framework (MFF) for different programmes and policies, such as those on cohesion, agriculture and external relations. Flexibility instruments ensure that the EU can react in the event of unexpected needs. Use of financial instruments creates a leverage effect as regards EU spending. Source : © European Union, 2018 - EP QUESTIONS? STAY CONNECTED  Contact Us |   This email was sent on behalf of the European Parliament · Bât. Altiero Spinelli · 60 rue Wiertz / Wiertzstraat 60 · B-1047 - Bruxelles/Brussels  · Belgium · Phone: +32(0)2 28 42111