What are special instruments under the MFF 2014-2020?

The correct answer highlights that special instruments under the Multiannual Financial Framework (MFF) for 2014-2020 include both the emergency aid reserve and the Flexibility Instrument.

The emergency aid reserve is designed to provide immediate financial assistance in response to urgent needs, such as humanitarian crises or natural disasters, ensuring that the EU can respond effectively to unforeseen emergencies. The Flexibility Instrument allows for additional funding to be mobilized beyond the limits set in the overall budget for specific urgent situations, accommodating the need for adaptability in the budget to address unexpected challenges.

Together, these instruments enhance the EU's capacity to respond to crises effectively, supporting its role in global governance and stability. The presence of both instruments in the answer reflects a recognition of the EU's need for flexibility and rapid response capabilities in its budgetary planning.