“The EU’s Multiannual Financial Framework (MFF) for 2014-2020 lays down maximum annual levels of EU spending in different areas. Before the end of 2016, the European Commission should present the mid-term review and, as appropriate, a revision of the MFF. During the July plenary session, the European Parliament is scheduled to discuss and vote on the own-initiative report as its input to the process ahead of the Commission’s presentation of the review. The list of issues at stake includes both current problems requiring immediate action, and long-standing, contentious aspects of the functioning of the MFF beyond 2020.”