The Commission has proposed an annual EU budget of €199.7 billion for 2025. The budget will be complemented by an estimated €72 billion of disbursements under NextGenerationEU. This substantial financial envelope will support the EU in meeting its political priorities while integrating the changes agreed in the mid-term revision of the Multiannual Financial Framework (MFF) in […]
April infringement package: main decisions for Spain
The main decisions adopted by the Commission for Spain are presented below, grouped by policy area. Internal Market, Industry, Entrepreneurship and SMEs Commission urges BULGARIA, SPAIN and ROMANIA to comply with public procurement legislation The European Commission has decided to pursue infringement proceedings by sending a letter of formal notice to Romania [INFR(2023)2114] and by […]
Budget 2025: Council agrees on guidelines for next year’s EU budget
The Council reached an agreement on its guidelines for the 2025 EU budget. The approved guidelines will provide political guidance to the Commission in preparing the budget for next year. In its conclusions, the Council underlines that the EU budget for 2025 has a key role in the development and delivery of the long-term objectives […]
EU long-term budget for 2021-2027: Council concludes the mid-term revision
The Council adopted three legislative acts related to the revision of the EU multiannual financial framework for 2021-2027, giving the final go-ahead for the package, which is aimed at reinforcing the EU long-term budget in a targeted manner and addressing new challenges, such as the consequences of Russia’s war of aggression against Ukraine. The package […]
EU leaders greenlight €64.6 billion in additional funding
EU leaders greenlit additional funding for the multiannual financial framework 2021-2027 and discussed support for Ukraine. They also discussed the situation in the Middle East and agriculture, and paid tribute to former European Commission President Jacques Delors, who passed away on 27 December 2023. Mid-term revision of EU long-term budget 2021-2027 As a follow-up to their meeting in December, EU leaders discussed […]
Council agrees its position on 2024 draft budget
The ambassadors of member states to the EU (Coreper) agreed the Council’s position on the 2024 EU draft budget. In total, the Council’s position for next year’s budget amounts to €187.008 billion in commitments and €141.167 billion in payments. Overall, the Council takes a prudent approach. The Council stresses the importance for the budget for 2024 […]
Council debates EU long-term budget
EU’s long-term budget The Council held a policy debate on the mid-term revision of the Multiannual Financial Framework 2021-2027, proposed by the Commission on 20 June 2023. The Commission presented the package to the Council. Ministers provided their initial comments on its main elements: the creation of a Ukraine facility for 2024-2027 the proposed additional […]
The European Commission has proposed an annual EU budget of €189.3 billion for 2024
The budget will be complemented by an estimated €113 billion in payments for grants under NextGenerationEU, the EU’s post-pandemic recovery instrument. Their combined firepower will keep driving Europe’s ongoing economic recovery and create jobs, while strengthening Europe’s strategic autonomy. The EU faced exceptional challenges in the last years, including fast rising inflation, which put considerable […]
Council sets priorities for the EU budget for 2024
Recovery and Resilience Facility The Council discussed how the Recovery and Resilience Fund and the REPowerEU chapter can effectively promote the green transition and ensure Europe’s energy independence from Russia in the context of high inflation and supply chain disruptions. In addition, the Council adopted an implementing decision approving the revised recovery and rehabilitation plan […]