This presentation argues that the evolution of the budget is best understood through the enduring tension between two budgetary doctrines. The ‘policy-first’ doctrine views the budget as a means of achieving shared policy goals. By contrast, the ‘transfer’ doctrine describes it as a mechanism for allocating resources between Member States, regions, and sectors.

Based on the European Commission’s preparatory documents for the next Multiannual Financial Framework (for the years 2028–2034), published in July 2025, the presentation investigates whether the proposals signal a shift towards a ‘policy-first’ orientation. The upcoming negotiations can be described as a struggle to balance the two doctrines, and the presentation provides analytical criteria with which to interpret their outcome.

At the EUI and the Robert Schuman Centre, we are dedicated to removing barriers and providing equal opportunities for everyone. Please indicate in the registration form your accessibility needs, if any. Alternatively, you can contact the logistics organiser of the event.