Annual EU budget 2020

Author (Corporate)
Publication Date 2019-
Content Type


The documents related to the adoption, implementation and accounting of the 2020 EU annual budget.

Further information:

The European Commission published on 5 July 2019 its proposal for the annual budget for the European Union relating to 2020, amounting to €168.3 billion. It followed up on the release of a statement of estimates in June.

This is the seventh and last budget under the 2014-2020 Multiannual Financial Framework (MFF), and operates within the limitations set therein. It was designed to optimise funding for existing programmes as well as new initiatives and to boost the European added value in line with the priorities set by the Juncker Commission.

The EU budget is primarily an investment budget. Amounting to roughly 1% of EU GNI, and representing around 2% of all EU public spending, it aims to complement national budgets and implement priorities which all EU members have agreed upon. The proposal was based on the assumption that the United Kingdom participates fully in the implementation and financing of the 2020 EU budget as if it were a Member State.

The Committee of Representatives of the Council of the European Union adopted its position on the proposed annual budget on 10 July. This position was confirmed by the Council on 3 September. The European Parliament's budgets committee voted on its position regarding the draft annual budget on 1 October, and then confirmed in plenary session on 23 October. The Council announced on the same day it could not agree with the Parliament's position, triggering a period of conciliation talks.

On 18 November, the co-legislators announced they had reached an informal compromise agreement on the proposed annual budget for 2020. This was formally endorsed by the Council on 25 November, followed by the European Parliament on 27 November.

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Commentary and Analysis
EPRS: At a Glance, November 2019: Conciliation agreement on the 2020 EU budget

EurActiv, 05/06/2019: Climate becomes top priority in EU’s 2020 budget
Reuters, 23/10/2019: EU legislators split over 2020 budget, risk funding delays
Deutsche Welle, 18/11/2019: EU leaders reach agreement over 2020 budget
Reuters, 19/11/2019: EU reaches deal on 2020 budget, boosts funds for climate change, EU borders
EUObserver, 19/11/2019: EU agrees 2020 budget deal
Climate Home, 19/11/2019: EU 2020 budget boosts climate action spending
EurActiv, 28/11/2019: Parliament signs 2020 EU budget deal, boosts spending on climate action
The Brussels Times, 28/11/2019: European Parliament dedicates €500 million more to climate action in 2020 budget

EUR-Lex: COM(2019)400: Draft general budget of the European Union for the financial year 2020
EUR-Lex: COM(2019)487: Amending Letter No 1 to the draft general budget 2020: Updated estimated needs for agricultural expenditure
European Parliament: Legislative Observatory: 2020 general budget: all sections
General Secretariat of the Council: Policies: EU budget for 2020
European Commission: Press Release, 05/06/2019: EU budget 2020: Commission focuses its proposal on jobs, growth and security
European Commission: Fact Sheet, 05/06/2019: Draft EU Budget 2020 – Questions and Answers
Council of the European Union: Press Release, 10/07/2019: 2020 EU budget: Council agrees its position
Council of the European Union: Press Release, 03/09/2019: 2020 EU budget: Council supports continued focus on growth, innovation, security and migration
European Parliament: Press Release, 01/10/2019: EU investment budget for 2020 must focus on the Europe of tomorrow
European Parliament: Press Release, 23/10/2019: EU investment budget for 2020: A boost for the climate
Council of the European Union: Press Release, 23/10/2019: 2020 EU budget: Council cannot accept EP amendments
European Parliament: Press Release, 15/11/2019: EU Budget 2020 conciliation talks suspended
Council of the European Union: Press Release, 18/11/2019: 2020 EU budget: Council and Parliament reach agreement
European Parliament: Press Release, 19/11/2019: EU Budget 2020 deal: Investing more in climate action, youth and research
Council of the European Union: Press Release, 25/11/2019: EU budget for 2020: Council endorses deal with Parliament
European Parliament: Press Release, 27/11/2019: EU budget 2020 approved: investing more in climate, jobs and the young

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