(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.
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.