Fittex
Budgetary Outlook for the European Union 2025
This study seeks to provide a concise and succinct overview of the structure, key facts and figures, and rules and procedures of the EU budget, and informs on the latest developments in EU finances and budgeting. It aims to serve both as a reference guide for experienced EU budget actors and as a primer for newcomers to the EU budget. It continues an annual series of 'Outlooks' produced by the European ºÏ·¨²©²ÊÍøÕ¾ary Research Service (EPRS) over the past eight years. This study analyses the expenditure ...
ºÏ·¨²©²ÊÍøÕ¾'s guidelines for the 2026 EU budget: Section III – European Commission
The 2026 EU budget will be the second to last one under the current multiannual financial framework (MFF), which covers the period from 2021 to 2027. ºÏ·¨²©²ÊÍøÕ¾ contributes to shaping proposals for the next year's European Union budget through a set of guidelines reflecting its stance. The draft guidelines, as adopted by the Committee on Budgets (BUDG) on 20 March 2025, express ºÏ·¨²©²ÊÍøÕ¾'s commitment to building a resilient, sustainable and prosperous future for the EU. ºÏ·¨²©²ÊÍøÕ¾ is ...
Adoption of the European Union's 2025 budget
The EU's general budget for 2025 is scheduled for adoption during the European ºÏ·¨²©²ÊÍøÕ¾'s November III plenary session. ºÏ·¨²©²ÊÍøÕ¾ is due to vote on the provisional agreement reached with the Council on 16 November 2024 during budgetary conciliation; the Council has to approve the provisional agreement formally before ºÏ·¨²©²ÊÍøÕ¾ puts it to the vote. The agreed 2025 budget sets commitment appropriations at €199.4 billion and payments at €155.2 billion, including special instruments.
ºÏ·¨²©²ÊÍøÕ¾'s reading of the 2025 EU budget
During the October II plenary session, ºÏ·¨²©²ÊÍøÕ¾ is expected to amend the Council's position on the draft EU budget for 2025. The Committee on Budgets (BUDG) voted to reverse all of the reductions the Council has made to the Commission's draft and proposes considerable increases in the 2025 budget for ºÏ·¨²©²ÊÍøÕ¾'s priorities: investments tailored to improving people's lives, and boosting the Union's competitiveness and sustainability. It would set 2025 commitments at almost €201 billion and payments ...
Draft amending budget No 2/2024: 2023 surplus
The purpose of Draft Amending Budget No 2/2024 (DAB 2/2024) to the EU's 2024 general budget is to enter the €632.6 million surplus from implementation of the 2023 budget as revenue into the 2024 budget. Inclusion of the surplus will lead to a corresponding reduction in Member States' gross national income (GNI) contributions to the 2024 budget. ºÏ·¨²©²ÊÍøÕ¾ is expected to vote on the Council's position on DAB 2/2024 during the October II plenary session.
EUSF mobilisation for 2023 flooding in Italy, Slovenia, Austria, Greece and France
The European Union Solidarity Fund (EUSF) helps EU countries overcome natural disasters. ºÏ·¨²©²ÊÍøÕ¾ is scheduled to vote during the October I plenary session on a budgetary proposal to mobilise over €1 billion in EUSF funding for Italy, Slovenia, Austria, Greece and France, to deal with major flooding in 2023.
Annual EU budgetary procedure: Introduction to the steps in the European ºÏ·¨²©²ÊÍøÕ¾
The annual EU (European Union) budget funds policies and programmes that are in line with the Union's political priorities and legal obligations; it must also respect the ceilings set by the EU's multiannual financial framework. The EU's financial year starts on 1 January and ends on 31 December. ºÏ·¨²©²ÊÍøÕ¾ and the Council are the budgetary authority of the European Union. The two institutions, assisted by the European Commission, decide on the budget in the annual EU budgetary procedure ...
Pilot projects and preparatory actions in the EU's annual budgetary procedure
Pilot projects and preparatory actions (PPs and PAs) are tools in the EU budget designed to test new policy initiatives or prepare the ground for the adoption of future programmes. PPs and PAs give Members of the European ºÏ·¨²©²ÊÍøÕ¾ (MEPs) the possibility to initiate innovative policies and fund them before a legal act has been adopted. The financing of both new PPs and PAs and those continued from previous years must be included in the EU budget under the annual budgetary procedure.
Budgetary Outlook for the European Union 2024
Offering an overview of the budgetary situation in the European Union, this study continues an annual series of 'Outlooks' produced by the European ºÏ·¨²©²ÊÍøÕ¾ary Research Service (EPRS) over the past seven years. In seven chapters, the authors of the publication explain and analyse the EU budget from all angles. The study takes full account of the first-ever mid-term revision of the ceilings of the EU's multiannual financial framework (MFF), adopted early in 2024, and the subsequent adjustments to ...
Draft amending budget No 1/2024: Amendments required following MFF revision
The revision of the 2021-2027 multiannual financial framework (MFF) necessitates amendments to the EU's 2024 general budget. Draft amending budget No 1/2024 (DAB 1/2024) will raise the 2024 budget by €5.83 billion in commitment appropriations and €4.14 billion in payment appropriations. The MFF headings affected are Heading 5 (Security and defence – €376 million) and Heading 6 (Neighbourhood and the world – €501 million). The new Ukraine Reserve will also be mobilised, with €4.8 billion in commitment ...