Next year’s EU budget will focus firtly on supporting the economic growth and competitiveness of the European economy. Achieving other EU priorities in areas such as security and climate change migration management is also in a scope.
What are the total budget?
Total commitments are set at €168.7 billion. This is an increase of 1.5% compared to the 2019 budget as amended. €1.5 billion has been kept available under the expenditure ceilings of the multi annual financial framework for 2014-2020, allowing the EU to react to unforeseeable needs.
What abut climate change?
21% of the budget will go towards measures aimed at addressing climate change. This has been achieved through increases for climate-related actions in several areas such as research and development, transport and energy infrastructure, as well as the EU’s external action.