|Author (Corporate)||Cardiff EDC|
|Content Type||Overview, Policy-making|
The documents related to the adoption, implementation and accounting of the 2021 EU annual budget.
This is the first budgetary procedure under the Multiannual Financial Framework (MFF) 2021-2027.
The Council of the European Union issued on 18 February 2020 its priorities for the European Union's annual budget for 2021. The Council considered that the next budget should ensure prudent budgeting and leave sufficient margins under the ceilings to deal with unforeseen circumstances. On 27 May, the three main EU institutions agreed on a revised calendar for 2021 budgetary procedure, in light of the circumstances caused by the COVID-19 (coronavirus) pandemic. The European Parliament's relevant committee adopted a Resolution concerning this annual budget on the following day.
The European Commission adopted on 24 June its proposal for the 2021 EU annual budget amounting to €166.7 billion, to be complemented by €211 billion in grants and approximately €133 billion in loans under Next Generation EU. A preliminary position for the Council of the European Union was agreed at COREPER level on 9 September.
|Subject Categories||Economic and Financial Affairs|
|Subject Tags||EU Budget|
|International Organisations||European Union [EU]|