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EU budget 2023

Jun 8, 2022 | News

(07 June 2022) – The Commission has today proposed an annual EU budget of €185.6 billion for 2023, to be complemented by an estimated €113.9 billion in grants under NextGenerationEU.

© European Commission

The EU budget will continue to mobilise significant investments to boost Europe’s strategic autonomy, the ongoing economic recovery, safeguard sustainability and create jobs.

The Commission will continue to prioritise green and digital investments while addressing pressing needs arising from recent and current crises.

The draft EU budget for 2023 includes expenditure under NextGenerationEU, to be financed from borrowing at the capital markets, and the expenditure covered by the appropriations under the long-term budget ceilings, financed from own resources.

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