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EU budget 2022 approved: more investment for strong recovery

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  • Almost EUR 480 million in addition to the Commission proposal on key priorities such as health, youth and climate action
  • Extra money to speed up world immunization
  • The largest annual budget ever adopted, with 169,5 billion euro in the general budget and an estimated 143,5 billion euro from the recovery plan

For next year's EU budget, MEPs have provided better support for health, research, climate action, SMEs and youth.

Parliament obtained a total of EUR 479,1 million for its priorities, in addition to what the Commission proposed in the draft budget with an updated letter of amendment. MEPs have succeeded in increasing funding for programs and policies, that contribute to recovery from the pandemic in line with Parliament's priorities as set out in the 2022 guidelines.

Overall, the budget is EUR 169,5 billion in commitment appropriations and EUR 170,6 billion in payment appropriations. Details on the budget agreement of 15 November can be found in the press release following the agreement with the Council and in the joint conclusions.

Taking into account the need to manage the work and activities undertaken over several years, the EU budget distinguishes between commitment appropriations (the cost of all legal commitments entered into in the current financial year that may have consequences in subsequent years) and payment appropriations (funds actually paid in the current financial year). year, possibly to meet commitments entered into in previous years).

About 93% of the EU budget goes to citizens, regions, cities, farmers and businesses.

Source: European Parliament

Photo: EP President David Sassoli signs the law on the EU budget 2022 after its adoption in the hemicycle in Strasbourg © European Union 2021

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