COUNCIL OF THE EUROPEAN UNION:Agreement reached on 2022 EU budget

Tuesday 16 November 2021   ● Council of the EU   16/11/2021 00:48 | Press release | Agreement reached on 2022 EU budget   The Council has reached an agreement with the European Parliament on the 2022 EU budget, setting total commitments at €169 515,8 million and payments at €170 603,3 million. Next year’s budget strongly reflects the EU’s main priorities: economic recovery, fighting climate change, and the green and digital transitions. It also leaves enough resources under the expenditure ceilings of the 2021-2027 multiannual financial framework to allow the EU to react to unforeseeable needs. "We reached a well-balanced deal today, which is great news for the citizens. Next year’s EU budget dedicates enough resources to our priorities, and at the same time ensures sufficient fiscal space for unforeseen circumstances. The funding we agreed on today will underpin the recovery that is under way and strongly support our climate and digital targets. Along this path, the 2022 budget will be complemented by the Next Generation EU funds. Ensuring that a properly functioning budget for the next year is agreed on in time and that taxpayers receive the best possible value for their money has been a priority for the Slovenian Presidency of the Council. Together with the Parliament and the Commission, we have worked long and hard to get it over the finish line." Irena Drmaž, Slovenia's Ministre Délégué for the negotiations of the EU budget Next steps The Council and the European Parliament now have 14 days to approve the joint text. The Council is expected to approve it on 23 November and the Parliament on 25/26 November.