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The 2025 EU budget will be the fifth under the multiannual financial framework (MFF) for 2021 to 2027. It will also be the first annual procedure that will fully apply and implement the new provisions under the recently revised MFF. The European Parliament contributes to the shaping of proposals for the forthcoming year's European Union budget through the adoption of its 'guidelines'. The draft guidelines, as adopted by the Committee on Budgets on 4 March 2024, outline Parliament's goals and priorities ...

Adoption of the European Union's 2024 budget

Накратко 17-11-2023

The EU's general budget for 2024 is scheduled for adoption during the European Parliament's November II plenary session. Parliament will vote on the provisional agreement it reached with the Council on 11 November 2023 during budgetary conciliation. The Council has to approve the provisional agreement formally before Parliament puts it to the vote. The agreed 2024 budget sets commitment appropriations at €189.4 billion and payments at €142.6 billion, including special instruments. The provisional ...

The purpose of draft amending budget No 3/2023 (DAB 3/2023) to the EU's 2023 general budget is to update the revenue side, taking into account the latest economic forecasts. DAB 3/2023 also adjusts the 2023 budget to cover recent developments such as the Defence Industrial Reinforcement Instrument, the European Chips Act and fisheries agreements. Parliament is expected to vote on the Council's position on DAB 3/2023 during its October II plenary session.

Parliament's reading of the 2024 EU budget

Накратко 11-10-2023

During the October II plenary session, Parliament is expected to decide its position on amendments to the Council's position on the draft EU budget for 2024. The Committee on Budgets (BUDG) has aligned its reading of the 2024 budget with its call for a revision of the 2021-2027 multiannual financial framework (MFF). BUDG reverses all the Council's proposed reductions to the Commission's draft and proposes a considerable increase in commitments in the 2024 budget for Parliament's priorities: addressing ...

Amending budget No 2/2023: 2022 surplus

Накратко 05-07-2023

The purpose of Draft Amending Budget No 2/2023 (DAB 2/2023) to the EU's 2023 general budget is to enter the €2.5 billion surplus from implementation of the 2022 budget as revenue in the 2023 budget. The surplus is the result of higher than expected revenues from customs duties collected in the last months of 2022 and under-spending on the expenditure side. Inclusion of the surplus will lead to a corresponding reduction in Member States' gross national income (GNI) contributions to the 2023 budget ...

The 2024 EU budget will be the fourth under the multiannual financial framework (MFF) for 2021 to 2027. The European Parliament contributes to the preparation of proposals for the forthcoming year's European Union budget through the adoption of its 'guidelines'. The draft guidelines, as adopted by the Committee on Budgets on 28 March 2023, outline Parliament's goals for the Union's 2024 budget. Parliament is expected to adopt its guidelines during the April plenary session, ahead of the Commission's ...

Offering an overview of the economic and budgetary situation in the European Union and beyond, and summarising the main economic indicators in the EU and euro area and their two-year trends, this study is the seventh in an annual series of 'Outlooks' produced by the European Parliamentary Research Service (EPRS). In seven chapters, the authors of the publication explain and analyse the annual EU budget and give an overview of its headings for 2023, all within the wider budgetary context of the EU's ...

On 23 November 2022, the European Parliament partnered with Eurocities to launch the 'Generators of Hope' campaign in order to provide Ukraine with energy equipment for the winter. Russian attacks on civilian infrastructure temporarily left around 10 million Ukrainians without electricity, while temperatures have already dropped below zero. The campaign will facilitate city-to-city donations of power generators, transformers and other devices, sent with the logistical support of the EU Civil Protection ...

Adoption of the European Union's 2023 budget

Накратко 18-11-2022

During its November II plenary session, the European Parliament is expected to adopt the EU's general budget for 2023. Parliament will vote on the provisional agreement reached on 14 November 2022 during the budgetary conciliation between Parliament and the Council, and due to be formally voted by the Council before the Parliament's vote. Once adopted, commitment appropriations for 2023 will amount to €186.6 billion and payments to €168.6 billion, including special instruments. The negotiators also ...

Parliament's reading of the 2023 EU budget

Накратко 13-10-2022

During the October II plenary session, Parliament is expected to vote on amendments to the Council's position on the draft EU budget for 2023. The 2023 budget is the third under the 2021-2027 multiannual financial framework (MFF). It is also the third and last year of the Next Generation EU recovery instrument, designed to run for the years 2021 to 2023. The report of the Committee on Budgets (BUDG) reverses almost all the reductions proposed by the Council to the Commission's proposal. It also proposes ...