Today, the European Parliament and the Council of the European Union, on a proposal from the European Commission, have reached an agreement on the EU budget for 2023. The agreement is for commitments of €186.6 billion, and payments of €168.7 billion. Once adopted, the budget would allow the EU to mobilise significant funds to help mitigate the severe consequences of Russia's war of aggression against Ukraine in the country but also in the southern neighbourhood and Member States. It would also support the ongoing sustainable recovery from the coronavirus pandemic, and protect and create jobs. It would trigger further investments into a greener, more digital and more resilient Europe, while protecting the most vulnerable in its neighbourhood and around the world.
The budget agreed today will direct funds to where they can make the greatest difference, in line with the most crucial needs of the EU Member States and the EU's partners around the world.
More concretely, it has been agreed to direct:
The full breakdown per heading is available here:
EU budget 2023 (in million euro): |
||
APPROPRIATIONS BY HEADING |
Budget 2023 |
|
Commitments |
Payments |
|
1. Single Market, Innovation and Digital |
21,548.4 |
20,901.4 |
2. Cohesion, Resilience and Values |
70,586.7 |
58,058.7 |
— Economic, social and territorial cohesion |
62,926.5 |
50,875.0 |
— Resilience and Values |
7,660.2 |
7,183.7 |
3. Natural Resources and Environment |
57,259.3 |
57,455.7 |
Market related expenditure and direct payments |
40,692.2 |
40,698.2 |
4. Migration and Border management |
3,727.3 |
3,038.4 |
5. Security and Defence |
2,116.6 |
1,208.4 |
6. Neighbourhood and the World |
17,211.9 |
13,994.9 |
7. European Public Administration |
11,311.3 |
11,311.3 |
Thematic special instruments |
2,855.2 |
2,679.8 |
Total appropriations |
186,616.7 |
168,648.7 |
Source: European Commission: Figures expressed in €million, in current prices
Together with the budget for 2023, the EU institutions agreed to endorse the proposed amendments to the 2022 budget as tabled by the Commission earlier this year. Once the approval process is finalised, the Commission will be able to continue supporting and assisting Ukraine, help Member States more affected from the inflow of migrants and Ukraine refugees, strengthen the Union's preparedness for forest fires, respond to the currents outbreaks of avian influenza and swine fever, and address further challenges stemming from the overall macroeconomic context.
In parallel to the annual budget for 2023, EU countries will continue to rely on support from the NextGenerationEU recovery instrument and the Recovery and Resilience Facility at its heart.
On top of the budget reinforcement the Commission proposed on 9 November an unprecedented support package for Ukraine of up to €18 billion for 2023. This will come in the form of highly concessional loans, disbursed in regular instalments as of 2023.
What happens next?
The annual budget for 2023 will now be formally adopted by the Council of the European Union and by the European Parliament. The vote in plenary, which will mark the end of the process, is currently scheduled for 23 November 2022.
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