16 Nov

The Council has reached an agreement with the European Parliament on the 2022 EU budget on the conciliation committee meeting of 15 November after the Member States highlighted their priorities on the public session of the Ecofin budget on 12 November. The agreement is for commitments of €169.5 billion, and payments of €170.6 billion. While next year’s budget strongly reflects the EU’s main priorities: economic recovery, fighting climate change, and the green and digital transitions, it also guarantees sufficient resources for cohesion policy and common agricultural policy. 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.

From the Hungarian point of view it has to be underlined, the expenditures of the cohesion and common agricultural policies were secured during the whole budgetary negotiation process. Their amount corresponds to the level included in the Council position, supported by Hungary as well, taking into account the amending letter.

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 vote in Parliament’s plenary, which will mark the end of the process, is currently scheduled for 24 November 2021.

The full breakdown per heading is available here:

EU budget 2022 (million euro, current prices):

 

 

APPROPRIATIONS BY HEADING

Budget 2022

Commitments

Payments

1. Single Market, Innovation and Digital

21,775.1

21,473.5

2. Cohesion, Resilience and Values

56,039.0

62,052.8

— Economic, social and territorial cohesion

49,708.8

56,350.9

— Resilience and Values

6,330.2

5,701.8

3. Natural Resources and Environment

56,235.4

56,601.8

Market related expenditure and direct payments

40,368.9

40,393.0

4. Migration and Border management

3,091.2

3,078.3

5. Security and Defence

1,785.3

1,237.9

6. Neighbourhood and the World

17,170.4

12,916.1

7. European Public Administration

10,620.1

10,620.2

Thematic special instruments

2,799.2

2,622.8

Total appropriations

169,515.8

170,603.3