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Towards smart, sustainable and inclusive growth: Preparation for the ...

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Proposed EU budget 2014-2020<br />

“Ambitious but realistic” proposals issued by <strong>the</strong> Commission<br />

in June 2011 <strong>for</strong> <strong>the</strong> Multiannual Financial Framework (MFF) 2014-2020<br />

O<strong>the</strong>r policies<br />

(agriculture, research,<br />

external etc.)<br />

63 % (€649 billion)<br />

Cohesion Policy<br />

33 % (€336 billion)<br />

Connecting<br />

Europe Facility<br />

4 % (€40 billion)<br />

│ 5

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