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(08 June 2021) - The Commission has today proposed an annual EU budget of €167.8 billion for 2022, to be complemented by an estimated €143.5 billion in grants under NextGenerationEU. It will prioritise green and digital spending.

Budget
© European Commission

The Commission is proposing to allocate (in commitments):

• €118.4 billion in grants from NextGenerationEU to mitigate the impact of the coronavirus pandemic.

• €53.0 billion for the Common Agricultural Policy and €972 million for the European Maritime, Fisheries and Aquaculture Fund.

• €36.5 billion for regional development and cohesion.

• €14.8 billion for international cooperation.

• €13.1 billion for research and innovation.

• €5.5 billion for European strategic investments.

• €4.7 billion for people, social cohesion, and values.

• €2.1 billion for spending dedicated to space.

• €1.9 billion for environment and climate action.

• €1.9 billion for protecting our borders.

• €1.9 billion to support candidate and potential candidate countries.

• €1.3 billion for migration-related spending.

• €1.2 billion to address defence and common security challenges.

• €905 million to ensure the functioning of the Single Market.

• €789 million for EU4Health.

• €600 million for security.

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