Abstract

The European Council’s meetings about the MFF every seven years are a curious ritual. One dreads them before they start. One wonders what all the fuss was about when they are finished. From Thursday to Friday and possibly Saturday of this week, the heads of state or government from 27 countries will devote a great deal of energy to settling their differences over a seven year budget which the Presidency proposes should be fixed at 1.074% of the EU’s GNI and which however much they may huff and may puff they are highly unlikely to change by more than .025% either way. And if they do not agree this time, they will have another go, as they did in 2005 and again in 2012/13.

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