EU 2021 budget signed into law
It consists of €164bn in commitments and €166bn in paymentsEuropost , Brussels
On Friday, the last day of the plenary session, Parliament adopted the EU 2021 budget and EP President David Sassoli signed it into law. This became possible following approval of Multiannual Financial Framework 2021-2027 two days ago.
In 2021, the EU will have an annual budget of €164bn in commitments and €166bn in payments.
On top of the Commission’s budget proposal, beefed up programmes they considered key to boosting growth and jobs, reflecting widely agreed European Union priorities, namely Digital Europe, which receives an extra €25.7m and the Connecting Europe Facility for transport infrastructure getting €60.3m plus.
“With the top-ups for some of the future-looking programmes agreed in the multi-annual framework, we obtained budget increases for other programmes with proven European added value. These extra investments in, for example, the trans-European transport networks and digital Europe, all respond to real needs and are in line with the expectations of EU citizens”, Chair of the Budgets committee Johan van Overtveldt (ECR, BE) said.
As a supplementary effort to fight climate change, the additions obtained by the EP for the LIFE programme are €42m that will contribute to reaching the target of 30% of climate-relevant spending in the EU budget for the 2021-2027 period.
The Rights and Values programme will receive an additional €6.6m, and the European Public Prosecutor's Office (EPPO), an independent EU body that fights crimes against the Union budget will benefit from an extra €7.3m.
Other backups for 2021 reflect the top-ups to selected key EU programmes that Parliament obtained in the deal with Council on the next long-term EU budget (MFF) 2021-2027, approved on 16 December.
Next year, Erasmus+ will be backed with additional €175.1m, research programme Horizon Europe – with €20m more and the EU4Health programme, the EU’s response to Cpovid-19, by a further €74.3m. This initiative will support medical and healthcare staff, patients and health systems.
The commitment appropriations for humanitarian aid have been increased by €25m and for supporting the EU’s southern neighbourhood by €10.2m.
Welcoming the approval of the 2021 EU annual budget, EU Commissioner Johannes Hahn, in charge of the budget and administration, commented that this is a budget for all EU citizens.
It will directly support our common recovery, our researchers, businesses and farmers, as well as our regions and external partners, Commissioner Hahn said encouraging all beneficiaries of EU funding to make the most out of it.