The European Business Council for Africa

Today Commission President Juncker and Budget Commissioner Oettinger will be unveiling their proposal for the next seven-year budget (2021-2027).

Focus on the EU budget

Increasing the impact of EU external spending is high on the agenda. The proposal of a single external instrument, coherent yet flexible, might respond to the call for greater consistency, when dealing with migration, for example. Whether the proposal will survive depends on its initial credibility and subsequent political sponsorship. Sufficient foresight on broad political dynamics as well as seemingly more technical issues will be decisive here.