The Commission has today proposed an annual EU budget of €167.8 billion for 2022, to be complemented by an estimated €143.5 billion in grants under NextGenerationEU. Their combined firepower will mobilise significant investments to boost the economic recovery, safeguard sustainability, and create jobs. It will prioritise green and digital spending in order to make Europe more resilient and fit for the future.
The draft budget 2022, boosted by NextGenerationEU, directs funds to where they can make the greatest difference, in line with the most crucial recovery needs of the EU Member States and our partners around the world. The funding will help rebuild and modernise our Union, by fostering the green and digital transitions, creating jobs and strengthening Europe’s role in the world.
Today the Commission has also presented two complementary pieces on EU budget performance reporting: Annual Management and Performance Report, and a Communication on the performance framework for the EU long-term budget 2021-2027.
For more information:
- Press release: Draft annual budget 2022
- Q&A: Draft annual budget 2022
- Press release: Annual Management and Performance Report
Follow the press conference by Commissioner Hahn live on EbS.