EU budget for 2020: Council endorses deal with Parliament
The Council today approved the deal reached with the European Parliament last week on the 2020 EU i budget. If the agreement is also confirmed by the Parliament on Wednesday, the EU budget for 2020 is adopted.
Next year's budget will continue to support growth and the competitiveness of the European economy, as well as other EU priorities, such as security and the management of migration.
21% of the budget will go towards measures aimed at addressing climate change. This has been achieved through increases for climate-related actions in several areas such as research and development, transport and energy infrastructure, and the EU's external action.
Total commitments are set at €168.7 billion. This is an increase of 1.5% compared to the 2019 budget as amended. €1.5 billion have been kept available under the expenditure ceilings of the multiannual financial framework for 2014-2020, allowing the EU to react to unforeseeable needs.
Total payments amount to €153.6 billion, rising 3.4% from 2019. This increase reflects the continuing implementation of the 2014-2020 programmes at full speed.
Headings
2020 EU budget (in € million)
Commitments
Payments
-
1.Smart and inclusive growth
83 931
72 354
-
-1a. Competitiveness for growth and jobs
25 285
22 308
-
-1b. Economic, social and territorial cohesion
58 646
50 046
-
2.Sustainable growth: natural resources
59 907
57 905
-
3.Security and citizenship
3 729
3 685
-
4.Global Europe
10 262
8 929
-
5.Administration
10 272
10 275
Special instruments
588
419
TOTAL
168,688
153,566
As % of GNI of EU28
0.99%
0.90%