This budget is the seventh and last one under the current 2014-2020 long-term EU budget and operates within the limitations set therein. It is designed to optimise funding for existing programmes as well as new initiatives and to boost the European added value in line with the Juncker Commission's priorities.
Günther H. Oettinger, Commissioner for Budget and Human Resources, said: “The draft 2020 EU budget is the last budget proposal of the Juncker Commission. It seeks to continue supporting EU's priorities- jobs, growth, young people, climate change, security and solidarity- and to prepare the transition to the next budgetary cycle. I invite the Council and the new Parliament to come to a timely agreement that would provide stability for the EU's future.”
As per the Commission proposal, the money under the 2020 budget will go to the following priority areas: competitive economy and young people; and strengthening security and solidarity in the EU, climate change and beyond.
More information is available online in the press release and MEMO.
