Abstract :
[en] The proposed European Union Multiannual Financial Framework (MFF) for the period 2028–2034 introduces substantial changes to the architecture of EU investment policy, particularly through Pillar I – National and Regional Partnership Plans, which constitutes the largest financial component of the proposed budget. The new framework is intended to replace the current programming model and establish an integrated approach to financing economic, social and territorial cohesion, agriculture, rural development, fisheries, prosperity and security. Drawing upon first-hand experience gained through Croatia's participation in the Council of the European Union negotiations, this presentation provides an overview of the proposed legislative framework and its implications for future investment planning. The presentation examines the proposed financial allocations, governance arrangements, general and specific policy objectives, and implementation mechanisms, with particular emphasis on aspects of strategic relevance for Croatia. Special attention is devoted to the evolving role of regional and local stakeholders in the preparation and implementation of National and Regional Partnership Plans, as well as to investment opportunities associated with the green and digital transitions. The analysis further explores the integration of Cohesion Policy with broader European priorities, including competitiveness, climate resilience, environmental sustainability, digital transformation, security, social cohesion, and democratic governance. A comparative assessment of the proposed framework and the current 2021–2027 programming period highlights the principal policy innovations and anticipated changes in investment priorities. The presentation also considers the current state of negotiations within the Council of the European Union and discusses the potential implications of the proposed framework for Croatia's strategic development and regional investment planning. By providing an evidence-based analysis of the emerging EU financial architecture, the presentation contributes to a better understanding of future investment opportunities and the policy challenges associated with the implementation of the next programming period.
