Overview of the EU Budget

The European Commission published its proposal of a Multiannual Financial Framework for the period 2021-2027 on May 2nd, 2018.

Following the general budget outline, in June a range of regulations were published which detail the proposals for individual programmes in the budget.

The total budget proposal amounts to 1.135 billion, which correspond to the 1.11% of Gross National Income of every EU member state.

The Post-2020 budget proposal presents some differences with the current budget, mainly:

  • It sets new priorities and introduces new funds e.g. for boarder management, security, defense, structural reforms; 
  • It reduces budgeted amount for some headings. For example cohesion policy which is 7% lower compared to the current envelop for the period 2014-2020.
  • reduces number of funding programmes merging some of them into one. For example, the European Social Fund+ includes the Fund for European Aid to the Most Deprived, the programme for Employment and social innovation includes the Health Programme
  • requires a higher amount of national contribution from each Member State.

Budget headings

The budget is divided among eight different headings:

  1. Single Market, Innovation and Digital
  2. Cohesion & Values
  3. Natural Resources and environment
  4. Migration & environment
  5. Security & Defence
  6. Neighbourhood & the world
  7. European Public Administration
  8. Instruments outside the MFF Ceiling - these are specific insrtuments agreed outside the budget proposed for the EU Budget.

The eight headings represent the policy objectives to which all EU investments should contribute.

You can find all the proposal texts here

Selected proposal texts

Main Budget proposal (PDF)

Factsheet on the main budget proposal (PDF)

Factsheet on Investing in People (PDF)

Factsheet on Regional Development & Cohesion (PDF)

Factsheet on Neighborhood and the world (PDF)

Factsheet on Research & Innovation (PDF)

Factsheet on Digital Transformation (PDF)

Factsheet on Sustainability, environment protection and fight against climate change (PDF)