Figure 1 – Commission proposal and Parliament position for the 2021-2027 fisheries policy budget compared with the 2014-2020 budget (commitments, 2018 prices, € million)

The opinion of the BUDG committee on the future EMFF budget is in line with the interim report on the Multiannual Financial Framework 2021-2027, prepared by the BUDG committee and voted in plenary on 14 November 2018, in which the Parliament expressed its position on the Commission’s MFF proposals in anticipation of the upcoming negotiations. The interim report opposes any reduction for long-standing EU policies, and more particularly, for fisheries policy, it proposes to reinforce the EMFF in accordance with its new mission on the blue economy. Concretely, the Parliament is proposing a budget of €6 867 million (in commitments, 2018 prices), which represents an increase of 10 % as compared to the €6 243 million for the 2014-2020 EMFF (excluding the UK) and which is 26 % higher in comparison to the Commission proposal. In terms of current prices, the Parliament’s position translates into an EMFF budget of €7 739 million for 2021-2027, as compared to the €6 140 million in the Commission proposal.