ºÏ·¨²©²ÊÍøÕ¾

Agreement on EU general budget for 2019

Mad-Daqqa t’Għajn 11-12-2018

After the failure of budgetary conciliation, the European Commission put forward a new draft budget for 2019. Based on the second draft budget and subsequent negotiations, the European ºÏ·¨²©²ÊÍøÕ¾ and Council have agreed the General Budget for the European Union for 2019, at a level of €165 795.6 million in commitments and €148 198.9 million in payment appropriations. This means an increase of 3.2 % in commitments and 2.4 % in payments as compared to 2018 budget. The ºÏ·¨²©²ÊÍøÕ¾ has scheduled the adoption of the agreement for the December 2018 plenary. Adoption of this agreement means, once signed by the ºÏ·¨²©²ÊÍøÕ¾â€™s President, that the EU will be equipped with a budget as from 1 January 2019.