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Multiannual Financial Framework
The Multiannual Financial Framework (MFF) of the European Union, also called the financial perspective, is a seven-year framework regulating its annual budget. It is laid down in a unanimously adopted Council Regulation with the consent of the European Parliament. The financial framework sets the maximum amount of spendings in the EU budget each year for broad policy areas ("headings") and fixes an overall annual ceiling on payment and commitment appropriations. 2007–2013 Financial perspective The common budget of the 2007 to 2013 perspective was fixed to 1.045% of the European GDP. UK Prime Minister Tony Blair accepted to review the British rebate, negotiated by Margaret Thatcher in 1984. French President Jacques Chirac declared that this increase in budget will permit Europe to "finance common policies" such as the Common Agricultural Policy – which represents about 44% of the EU's spending – or the Research and Technological Development Policy. However, France's demand ...
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European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are located primarily in Europe, Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a ''sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the European Union Customs Union, Customs Union, paved the way to establishing European Single Market, an internal single market based on standardised European Un ...
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Compensation And Benefits
Compensation and benefits (C&B) is a sub-discipline of human resources, focused on employee compensation and benefits policy-making. While compensation and benefits are tangible, there are intangible rewards such as recognition, work-life and development. Combined, these are referred to as total rewards. The term "compensation and benefits" refers to the discipline as well as the rewards themselves. The basic components of employee compensation and benefits Employee compensation and benefits are divided into four basic categories: #Guaranteed pay – a fixed monetary (cash) reward paid by an employer to an employee. The most common form of guaranteed pay is base salary. Guaranteed pay also includes cash allowances (housing allowance, transport allowance, etc.), differentials (shift differentials, holiday differentials) and premiums (night shift, etc.) #The Variable pay – a non-fixed monetary (cash) reward paid by an employer to an employee that is contingent on discretion, p ...
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Cohesion Fund
The Cohesion Fund (CF), one of the five European Structural and Investment Funds of the European Union, provides support to Member States with a gross national income (GNI) per capita below 90% EU-27 average to strengthen the economic, social and territorial cohesion of the EU. The Cohesion Fund supports investments in the field of environment and Trans-European Networks in the area of transport infrastructure (TEN-T The Trans-European Transport Network (TEN-T) is a planned network of roads, railways, airports and water infrastructure in the European Union. The TEN-T network is part of a wider system of Trans-European Networks (TENs), including a telecommunic ...). For the 2021–2027 period, the Cohesion Fund concerns Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovakia and Slovenia. 37% of the overall financial allocation of the Cohesion Fund are expected to contribute to climate objectives. R ...
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European Space Programme
, owners = , headquarters = Paris, Île-de-France, France , coordinates = , spaceport = Guiana Space Centre , seal = File:ESA emblem seal.png , seal_size = 130px , image = Views in the Main Control Room (12052189474).jpg , size = , caption = , acronym = , established = , employees = 2,200 , administrator = Director General Josef Aschbacher , budget = €7.2 billion (2022) , language = English and French (working languages) , website = , logo = European Space Agency logo.svg , logo_caption = Logo , image_caption = European Space Operations Centre (ESOC) Main Control Room The European Space Agency (ESA; french: Agence spatiale européenne , it, Agenzia Spaziale Europea, es, Agencia Espacial Europea ASE; german: Europäische Weltraumorganisation) is an intergovernmental organisation of 22 member states dedicated to the exploration of space. Established in 1975 and headquartered in ...
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ITER
ITER (initially the International Thermonuclear Experimental Reactor, ''iter'' meaning "the way" or "the path" in Latin) is an international nuclear fusion research and engineering megaproject aimed at creating energy by replicating, on Earth, the fusion processes of the Sun. Upon completion of construction of the main reactor and first plasma, planned for late 2025, it will be the world's largest magnetic confinement plasma physics experiment and the largest experimental tokamak nuclear fusion reactor. It is being built next to the Cadarache facility in southern France. ITER will be the largest of more than 100 fusion reactors built since the 1950s, with ten times the plasma volume of any other tokamak operating today. The long-term goal of fusion research is to generate electricity. ITER's stated purpose is scientific research, and technological demonstration of a large fusion reactor, without electricity generation. ITER's goals are to achieve enough fusion to produc ...
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Euratom
The European Atomic Energy Community (EAEC or Euratom) is an international organisation established by the Euratom Treaty on 25 March 1957 with the original purpose of creating a specialist market for nuclear power in Europe, by developing nuclear energy and distributing it to its member states while selling the surplus to non-member states. However, over the years its scope has been considerably increased to cover a large variety of areas associated with nuclear power and ionising radiation as diverse as safeguarding of nuclear materials, radiation protection and construction of the International Fusion Reactor ITER. It is legally distinct from the European Union (EU) although it has the same membership, and is governed by many of the EU's institutions; but it is the only remaining community organisation that is independent of the EU and therefore outside the regulatory control of the European Parliament. Since 2014, Switzerland has also participated in Euratom programmes as ...
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Frugal Four
The Frugal Four is the nickname of an informal cooperation among like-minded fiscally conservative European countries, including Austria, Denmark, the Netherlands and Sweden. It partly evolved as a successor of the New Hanseatic League that was set up to make up for the loss of the like-minded United Kingdom in the European political arena after Brexit. However, it was never founded as a transnational organisation like similar cooperations of countries in the European Union with shared interests. Along with like-minded Germany, the ''Frugal Four'' advocate for EU budget rebates and tight fiscal policies in the eurozone governed by the Stability and Growth Pact, and generally advocate against a large distributive European budget and collective EU debt. They are, however, not Eurosceptic. The ''Frugal Four'' experienced widespread media coverage throughout the COVID-19 pandemic in Europe. Position In an op-ed by Austria's former chancellor Sebastian Kurz published in the Financi ...
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European Development Fund
Global Europe, officially the Neighbourhood, Development and International Cooperation Instrument (NDICI), is the financial arm of the Common Foreign and Security Policy of the European Union, which provides funding for the European Neighbourhood Policy and the European Union Global Strategy in any third countries except for those currently on the EU enlargement agenda. It has been established in 2021 through merging the European Neighbourhood Instrument, the European Development Fund and the Instrument for Stability. Neigbourhood component The European Neighbourhood Instrument (ENI) came into force in 2014. It is the financial arm of the European Neighbourhood Policy, the EU’s foreign policy towards its neighbours to the East and to the South. It has a budget of €15.4 billion and provides the bulk of funding through a number of programmes. The six ENI targets were: #Promoting human rights and fundamental freedoms, the rule of law, equality, sustainable democracy, good ...
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COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets ...
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Next Generation EU
Next Generation EU (NGEU, also called the European Union Recovery Instrument) is a European Union (EU) economic recovery package to support the EU member states to recover from the COVID-19 pandemic, in particular those that have been particularly hard hit. Agreed in principle by the European Council on 21 July 2020 and adopted on 14 December 2020, the instrument is worth . NGEU will operate from 2021 to 2026, and will be tied to the regular 2021–2027 budget of the EU's Multiannual Financial Framework (MFF). The comprehensive NGEU and MFF packages are projected to reach €1824.3 billion. Background Europe was struck by its initial wave of the COVID-19 pandemic in March 2020. The first-hit and the hardest-hit country in the EU was Italy, which promptly placed its contaminated zones in lockdown, putting health concerns over financial ones. Gradually, the other member states encountered the first wave of the pandemic; and by 17 March 2020 all member states had reported ...
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MFF2021-2027andNGEU2021-2024
MFF may refer to: Football * Malmö FF, a Swedish football club * Mongolian Football Federation, governs football in Mongolia * Myanmar Football Federation, governs football in Myanmar Science and technology * MAC-Forced Forwarding (also known as MACFF), a networking technology * Molecular Frontiers Foundation, a non-profit chemistry organization * MFF (gene), encodes the protein mitochondrial fission factor * MFF SIM, SIM cards for machine use Other meanings * Maryland Film Festival, Baltimore, United States * Midwest FurFest, a furry convention in Chicago * Minffordd railway station, Wales (station code) * Minnesota Freedom Fund, a non-profit for bail fund * Military Freefall Parachutist Badge, a badge of the U.S. Army * Multiannual Financial Framework, a budget plan of the European Union * Male-female-female, a threesome In human sexuality, a threesome is commonly understood as "a sexual interaction between three people whereby at least one engages in physical sexual ...
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