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Adoption of the European Union's 2024 budget

Mad-Daqqa t’Għajn 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.

Amending budget No 2/2023: 2022 surplus

Mad-Daqqa t’Għajn 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 ...

Adoption of the European Union's 2023 budget

Mad-Daqqa t’Għajn 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 ...

Amending budget No 2/2022: 2021 surplus

Mad-Daqqa t’Għajn 07-09-2022

The purpose of Draft Amending Budget No 2/2022 (DAB 2/2022) to the EU's 2022 general budget is to enter as revenue in the 2022 budget the surplus resulting from implementation of the 2021 budget. The 2021 surplus totals over €3.2 billion. It consists mostly of higher than expected revenues from customs duties (€1.68 billion) and fines for breaking EU competition law that exceeded the forecast by €957 million. The surplus also arises in part from under-spending on the expenditure side. Inclusion of ...

Russia's invasion of Ukraine has caused a massive exodus of refugees, many of them children. EU Member States are dealing with urgent migration and border management challenges and facing the costs that these entail. Draft Amending Budget No 3/2022 (DAB 3/2022) to the EU's 2022 general budget aims to assist EU Member States in receiving people fleeing the war in Ukraine. DAB 3/2022 strengthens the financing of the Asylum, Migration and Integration Fund (AMIF) and the Border Management and Visa Instrument ...

Draft amending budget 1/2022 (DAB 1/2022) aims to strengthen the 2022 EU budget with a transfer of over €12 billion in commitment appropriations from the 2021 EU budget. The transfer concerns eight funds under shared management under Headings 2a, 3, 4 and 5 of the multiannual financial framework (MFF). The MFF ceilings for 2022-2025 are further adjusted following the delay in adopting the legal bases.

Adoption of the European Union's 2022 Budget

Mad-Daqqa t’Għajn 19-11-2021

During the November II plenary session, the European Parliament is due to adopt the European Union's general budget for 2022. In practice, Parliament will vote on the provisional agreement reached on 15 November 2021 during the budgetary conciliation between Parliament and the Council. If agreed, commitment appropriations for 2022 will amount to €169.5 billion and payments to €170.6 billion. The negotiations also reached agreement on Amending Letter No 1 to the 2022 budget (AL 1/2022) and draft amending ...

Plenary round-up – October II 2021

Mad-Daqqa t’Għajn 22-10-2021

During the October II 2021 plenary session in Strasbourg, Parliament held a number of important debates, in particular on: the primacy of EU law, the rule of law crisis and de facto abortion ban in Poland; increased efforts to fight money laundering; regarding pushbacks at the EU's external border; the right to a healthy environment and on climate, energy and environmental State aid guidelines (CEEAG). Members debated the rise of right-wing extremism and racism in Europe, the humanitarian situation ...

Parliament's reading of the 2022 EU budget

Mad-Daqqa t’Għajn 14-10-2021

During the October II plenary session, the Parliament is due to vote on amendments to the Council's position on the draft EU budget for 2022. The 2022 budget is the second under the 2021-2027 Multiannual Financial Framework (MFF). It is also the second year of the EU Recovery Instrument, Next Generation EU (NGEU), planned to run for the years 2021 to 2023. The report of the Committee on Budgets reverses all the reductions proposed by the Council to the Commission’s budget. Furthermore, it proposes ...