(05 June 2019) – The Commission has today proposed an EU budget of €168.3 billion for 2020 for a more competitive European economy, and for solidarity and security in the EU and beyond.
This budget is the last one under the current 2014-2020 long-term EU budget and operates within the limitations set therein.
As per the Commission proposal, the money under the 2020 budget will go to the following priority areas: competitive economy and young people; and strengthening security and solidarity in the EU, climate change and beyond.
21% of the overall proposed budget for 2020 will go to tackle climate change.