A giant horizontal “pillow” (or piggy bank) for crises, wars and all phase disasters inside and outside the European Union proposes Commission In the context of the new community budget For 2028 – 2034.
One of the five principles that inspires the Commission’s proposal, which was presented yesterday (16.7.2025) for the new community budget It concentrates on the word “flexibility”. The one behind the beginning of ‘flexibility’ is nothing more than the Conservation of reserve community funds from each EU available fund for ‘unpredictable’as the leadership of the Commission had warned before the presentation.
The Commission characteristically states that ‘A new extraordinary and temporary mechanism will be introduced to address the consequences of serious crises, serious difficulties or serious threat of those affecting the union“Or its Member States.”
This is because “in recent years they have shown that the frequency, seriousness and depth of crises and difficulties have increased.”
On the other hand, however, they point out from Brussels, “the rigidity of the current fiscal infrastructure has limited the union to its reaction to such crises, although in specific areas the Union eventually managed to implement special means for the EU/EZD (eg EFSM).
This emphasized the importance of ensuring that the Union is structurally equipped with flexible and sufficient tools to respond to them. A Extraordinary crisis treatment mechanism will therefore be incorporated into the decision on the same resources. This extraordinary crisis treatment tool will be implemented exclusively for the period of the upcoming program 2028 – 2034 and will only allow refundable forms of support.
The activation of this extraordinary and targeted crisis treatment tool will be decided by the Council, taking into account the particularities and needs arising from such serious crises, serious difficulties or serious threats. Given the excellent nature of the tool, it should not be activated if there are already a means of the compound that allows adequate treatment of the consequences of the situation.
How will the “pillow” be formed
As stated in the Commission’s proposal, “the reduction of the number of sectors from seven in the MFS 2021-2027 (plus one sub-sector and two sub-limits) to four in the proposal for 2028-2034 facilitates redistributions throughout the program. In addition, the Regulation on the MSc proposed by the Commission maintains the single average margin as a tool for the use of previous margins (and, as a last resort, current and future margins) in all areas.
Secondly, as the current fragmentation of special means beyond the ceilings increases the complexity of the program and its implementation, their architecture will be simplified. Special means allow for the mobilization of additional amounts beyond the program’s ceilings, providing flexibility to increase spending in the event of unforeseen needs. However, the existence of many themes limits this flexibility.
The proposal for MSc 2028 – 2034 maintains only two non -thematic special means, the average of flexibility, enhanced compared to the current period and the average of a single margin, as well as a theme special medium, Ukraine’s reserve. The annual reference amount of the average flexibility will be EUR 2 billion (at 2025 prices), compared to EUR 1.33 billion (2025 prices) on average in the current MSc, including the intermediate revision of the MP.
In addition, it is proposed to strengthen the average flexibility with an amount equivalent to releases (as is currently done in the average EURI) 65 and amounts equivalent to revenue from net fines and other penalties or penalties imposed by the Union institutions (completing selected programs). In addition, it is proposed that any unused amount can be transferred throughout the MFF period.
The restructuring of the specific media has two benefits: predictability and simplification.
1. First, it significantly reduces flexibility beyond the ceilings, thereby increasing the predictability for Member States in terms of national contributions, since other factors remain stable.
2. Secondly, it simplifies the application: The themes of special means facing emergencies and emergencies within the current MSc (ie, TAIE and Emergency Reserve) have significant synergies with relevant policies in national and regional corporate relationships and in the European European. By incorporating this kind of support into the programs, a more consistent approach to prevention, readiness and treatment is achieved. Finally, the Bar, the European Fund for Globalization and the EURI average are abolished. The first two means were greatly re -established to other goals under the current program. The EURI average is no longer necessary, as new net bond versions will be held under Euri in the next program and, therefore, the risk of interest rate will be limited to refinancing operations. The remaining interest rate risk can manage within the fixed fuel to repay NGEU
3. The third part of the future flexibility of the program will come from the design and implementation of the future generation of programs. This increased flexibility comes from the presence of non -distributed amounts or pillows in the larger programs and the increased ability to reschedule when necessary. The merger of many programs in larger programs or means also contributes to increased flexibility.
National and Regional Plans of Corporate Relationship
“Part of the initial distribution of Member States will remain unchanged (” amount of flexibility “), which will be available both for support in crisis, if natural or anthropogenic disasters affect a Member State or region, as well as for the new political needs that will be identified during intermediate reviews.
This will allow plans to adapt to the new political needs, while ensuring the certainty in the Member States and the Regions of the total amounts available from the beginning. A multilevel approach will allow a cumulative and customized reaction to crises.
Member States will first reschedule the amounts available in the context of their plans, which will be able to complete their flexibility. When the disaster scale or the emergency requires more significant support, a centrally managed EU facility will provide emergency assistance to supplement national funds, as is done by the EU Solidarity Fund today, the thematic facilitation of internal affairs (eg.
As the mechanism also provides funding for other priorities, a “pillow” will ensure that funding is accessible for emergencies or new priorities throughout the period. “
European Competitiveness Fund (ECF) and ‘Horizon Europe’
“The ECF will focus on strategic areas and technologies, structured on a small number of wide policy windows.
These policy windows will have an indicative distributed amount and integrated opportunities that will allow the funding to be shifted within and between them. This will allow for widespread policy flexibility and will ensure that new emerging needs within the Fund are met.
Policy windows under the ECF will have access to the full economic toolbox of the EU budget, including the use of fiscal guarantees, financial instruments and combination actions, which creates flexibility to ensure that the appropriate tool is used for different political needs and beneficiaries.
In the same vein, the proposed architecture of “Horizon Europe” will ensure predictability and continuity in funding priorities with flexibility to address emerging or unforeseen priorities. “
World Europe
“Every macro -region in the context of world Europe will have an indicative financial distribution. It will be possible to transport between geographical areas and between countries in the same geographical area, as well as the most effective and rapid transfer of funding between policy tools when the needs or priorities change.
Not all funding will be planned in advance for the whole period from the beginning, so that there is enough flexibility. Each macro -region will have a set of non -planned actions, such as humanitarian aid, crisis treatment, durability and competitiveness.
Specifically, durability actions should allow the Union to step up its cooperation where needed, taking into account the volatility of the outer frame. They should be flexible in dealing with and enhancing actions that face instability, crises, the Association of Humanitarian Development-Irene, the needs of reconstruction and recovery, as well as the balance of payments.
This will be necessary, as some needs (eg Syrian or Gaza reconstruction) should be met in the context of World Europe funds, but the time of these financial needs is still unclear. In addition, the non -programmed competitiveness actions will allow the Union to respond to the economic challenges and quickly take advantage of opportunities, inter alia through the support of the external dimension of the Union’s internal policies.
A centralized “pillow” will allow World Europe to react to unforeseen events, needs or emergencies, as well as new political priorities that will arise during the program and may affect different geographical areas.
Based on the experience of NDICI-GE’s “pillow” in the current program, it will be important to maintain the “pillow” in the early years of the program and to design specific safeguards so that the “pillow” is not committed from the outset, “the Commission said.