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EU annual budget for 2025: Council agrees its position on the draft budget

Inicio » Noticias UE » Mercado » Economy and Finance » EU annual budget for 2025: Council agrees its position on the draft budget

19 de July de 2024

The Council’s reached an agreement on its position on the 2025 EU draft budget. In total, the Council’s position for next year’s budget amounts to €191.53 billion in commitments and €146.21 billion in payments, not including appropriations foreseen for special instruments outside the MFF.

Overall, the Council takes a prudent approach. The Council stresses the importance for the budget for 2025 to continue showing the EU’s solidarity with the people of Ukraine and to respond to the related crises.

The Council considers that next year’s budget should be realistic, in line with actual needs, ensure prudent budgeting and leave sufficient margins under the multiannual financial framework (MFF) ceilings to deal with unforeseen circumstances and address the Union’s challenges.

At the same time, the budget for 2025 should provide enough resources to ensure the implementation of the EU’s policies and programmes and to allow commitments already made to be paid in due time.

The Council welcomes that the draft budget for 2025 is aligned with the outcome of the agreement on the revision of the EU’s multiannual financial framework (MFF 2021-2027), as outlined in the European Council conclusions of 1 February 2024.

In this regard, the Council stresses the need to properly finance the priorities laid down in the MFF revision, considering the budgetary implementation of all programmes and reprioritisation, when necessary.

A summary of the Council’s position is set out in the table below:

Download the full table (pdf)

Download the full table (excel)

Commitments are legal promises to spend money on activities whose implementation extends over several financial years.

Payments cover expenditure arising from commitments entered into the EU budget during current and preceding financial years.

In addition, the Council also issues five statements: one on payments in 2025, one on progress on the implementation of the MFF mid-term revision, one on budgetary nomenclature, one on financing of external policies and one on administrative expenditure.

EU Budget 2025 aims to reinforce funding for Europe’s priorities

Next Steps

This agreement was reached between the ambassadors of member states to the EU (Coreper). The Council aims to formally adopt its position through a written procedure ending on 13 September 2024. The Council’s position will serve as a mandate for the Hungarian presidency of the Council to negotiate the 2025 EU budget with the European Parliament. This year, the legal deadline for reaching agreement on the annual budget is 18 November 2024 at midnight.

Background

This is the fifth annual budget under the long-term EU budget, the multiannual financial framework (MFF) for 2021-2027. The 2025 budget is complemented by actions to support the COVID-19 recovery under Next Generation EU, the EU’s pandemic recovery plan.

The Council approved guidelines for the 2025 annual budget on 12 March 2024. The Commission presented the estimates for the draft budget on 19 June 2024.

More information: Consejo de la Unión Europea

Publicaciones relacionadas:

Budget 2025: Council agrees on guidelines for next year’s EU budget EU budget for 2023: Council and Parliament reach agreement Council agrees its position on 2024 draft budget chocolatinas en forma de moneadas y billetes de euroCouncil sets priorities for the EU budget for 2024 Council adopts regulation on instant payments in euro

Economy and Finance,  EU News,  Market 2025,  Agreement,  budget,  Council of the EU,  European Union

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