The Commission has today proposed an annual EU budget of €185.6 billion for 2023, to be complemented by an estimated €113.9 billion in grants under NextGenerationEU.
At a meeting today the Council formally adopted the common agricultural policy (CAP) for the period 2023-2027. The new legislation paves the way for a fairer, greener and more performance-based CAP that seeks to ensure a sustainable future for European farmers, provide more targeted support to smaller farms, and allow greater flexibility for member states in adapting the measures to local conditions.
Member states’ EU ambassadors today agreed the Council’s position on the 2022 EU draft budget. In total, the Council’s position amounts to €167.7 billion in commitments and €170 billion in payments. The 2022 budget will be complemented by Next Generation EU funds designed to help boost the European economic recovery.
The German presidency of the Council and the European Parliament's negotiators today reached a provisional agreement on a new general regime of conditionality to protect the Union budget.
Member states' EU ambassadors today agreed the Council's position on a regulation on a general regime of conditionality for the protection of the Union budget.
In its proposal for a reinforced long-term budget, the Commission will increase the Common Agricultural Policy (CAP) by €9 billion (€4 billion for the CAP's European Agricultural Guarantee Fund and €5 billion for the European Agricultural Fund for Rural Development) and the European Maritime and Fisheries Fund (EMFF) by €500 million.
As announced by European Commission President von der Leyen on 27 May 2020, the Commission is proposing a new REACT-EU initiative to increase cohesion support to Member States to make their economies more resilient and sustainable in the crisis repair phase.
The European Commission has put forward its proposal for a major recovery plan. To ensure the recovery is sustainable, even, inclusive and fair for all Member States, the European Commission is proposing to create a new recovery instrument, Next Generation EU, embedded within a powerful, modern and revamped long-term EU budget.
Considering the health crisis and consequent delays to finding a timely agreement on the new long-term EU budget, Budget MEPs reiterate their call for an urgent 2021 contingency plan.
Finland’s Presidency has submitted its proposal for the next long-term EU budget, the multiannual financial framework (MFF) for 2021–2027, to the member states. The proposal is a budget of €1 087 billion for the seven-year period, equal to 1.07% of the gross national income of the EU member states.
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