EUR-Lex Access to European Union law
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2021 EU budget: €164.3 billion
2021 EU budget: €164.3 billion
2021 EU budget: €164.3 billion
Definitive adoption (EU, Euratom) 2021/417 of the EU’s general budget for 2021
The budget mobilises significant public funds to:
The main areas of expenditure are as follows.
|
Commitments (million €) |
Payments (million €) |
Single market, innovation and digital |
20,817 |
17,192 |
Cohesion and values
|
52,862
|
66,154
|
Natural resources and environment
|
58,569
|
56,804
|
Migration and border management |
2,279 |
2,686 |
Security and defence |
1,709 |
671 |
Neighbourhood and the world |
16,097 |
10,811 |
European public administration |
10,448 |
10,450 |
Thematic special instruments (Solidarity and Emergency Aid Reserve, European Globalisation Adjustment Fund, Brexit Adjustment Reserve) |
1,471 |
1,293 |
Total appropriations |
164,252 |
166,061 |
The budget identifies the following specific priority commitments:
It has applied since 1 January 2021.
On 4 December 2020, the Parliament, the Council and the European Commission reached an informal political agreement on the EU’s 2021 budget. This is the first under the 2021-2027 long-term budget (the multiannual financial framework) set up under Regulation (EU, Euratom) 2020/2093, which will provide €1.074 trillion of EU funding over the next 7 years (see summary).
In particular, the EU’s long-term budget is coupled with NextGenerationEU, an exceptional and temporary recovery financing mechanism that empowers the Commission to borrow up to €807 billion (or €750 billion in 2018 prices) on behalf of the EU, for recovery measures linked to commitments over the 2021-2023 period. The entry into force of the new own resources decision on 1 June 2021 enables the Commission to swiftly start the borrowing operations to raise the necessary funds for NextGenerationEU-related payments and help EU citizens, businesses, regions and cities to recover from the pandemic.
For more information, see:
Definitive adoption (EU, Euratom) 2021/417 of the European Union’s general budget for the financial year 2021 (OJ L 93, 17.3.2021, pp. 1-2286)
Regulation (EU) 2021/241 of the European Parliament and of the Council of 12 February 2021 establishing the Recovery and Resilience Facility (OJ L 57, 18.2.2021, pp. 17-75)
Council Regulation (EU, Euratom) 2020/2093 of 17 December 2020 laying down the multiannual financial framework for the years 2021 to 2027 (OJ L 433I, 22.12.2020, pp. 11-22)
Council Regulation (EU) 2020/2094 of 14 December 2020 establishing a European Union Recovery Instrument to support the recovery in the aftermath of the COVID-19 crisis (OJ L 433I, 22.12.2020, pp. 23-27)
Council Decision (EU, Euratom) 2020/2053 of 14 December 2020 on the system of own resources of the European Union and repealing Decision 2014/335/EU, Euratom (OJ L 424, 15.12.2020, pp. 1-10)
last update 21.06.2021