Annual EU Budget 2021

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Author (Corporate)
Publication Date 2020-2021
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Summary:

The documents related to the adoption, implementation and accounting of the 2021 EU annual budget.

Further information:

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 its Statement of Estimates on 24 June 2021 and the first draft of the annual budget on 27 July. Member State representatives adopted a negotiating position on behalf of the Council of the European Union on 9 September. The plenary of the European Parliament adopted its own position on 12 November. An informal agreement between the co-legislators on a compromise text was reached on 4 December. The Council of the European Union formally endorsed it on 14 December, followed by the Parliament on 18 December.

The talks concerning this annual budget were also affected by the parallel discussions regarding the Multiannual Financial Framework (MFF) 2021-2027. The initial proposal adopted by the Commission reflected its own MFF proposals and the informal agreement between the Council and Parliament was also done in principle. The Commission was forced to adopted a second draft annual budget on 10 December due to a lack of agreement on the MFF. This second draft fully reflected the agreement reached by the co-legislators and this was the draft formally endorsed by the two institutions (an.

The annual budget was published in the Official Journal on 17 March 2021.

Related Link(s)
Commentary and Analysis
EPRS: At a Glance, December 2020: Adoption of the European Union's 2021 Budget https://www.europarl.europa.eu/thinktank/en/document.html?reference=EPRS_ATA(2020)659424

Official
EUR-LEX: OJ L 93, 17/03/2021: Definitive adoption (EU, Euratom) 2021/417 of the European Union’s general budget for the financial year 2021 https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2021.093.01.0001.01.ENG
European Commission: Annual EU budget 2021 https://ec.europa.eu/info/strategy/eu-budget/documents/annual-budget/2021_en
Council of the European Union: Policies: EU budget for 2021 https://www.consilium.europa.eu/en/policies/the-eu-budget/eu-annual-budget/2021-budget/
European Parliament: Budgetary Procedures: 2021 Procedure https://www.europarl.europa.eu/committees/en/budg/budgetary-procedures/2021-procedure
EUR-LEX: COM(2020)300: Draft Union's annual budget for the financial year 2021 - General Introduction - General statement of expenditure - General statement of revenue - Statement of revenue and expenditure by section https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2020:300:FIN
EUR-LEX: COM(2020)836: Second Draft General Budget of the European Union for the financial year 2021 - General Introduction https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2020:836:FIN
European Parliament: Legislative Observatory: Procedure File for Proposal on Guidelines for the 2021 budget - Section III (2019/2213(BUD)) https://oeil.secure.europarl.europa.eu/oeil/popups/ficheprocedure.do?lang=en&reference=2019/2213(BUD)
European Parliament: Legislative Observatory: Procedure File for 2021 general budget: all sections (2020/1998(BUD)) https://oeil.secure.europarl.europa.eu/oeil/popups/ficheprocedure.do?reference=2020/1998(BUD)
European Parliament: Legislative Observatory: Procedure File for Proposal on New General Budget of the European Union for the financial year 2021 (2020/0371(BUD)) https://oeil.secure.europarl.europa.eu/oeil/popups/ficheprocedure.do?lang=en&reference=2020/0371(BUD)
Council of the European Union: Press Release, 18/02/2020: Council sets its priorities for the 2021 EU budget https://www.consilium.europa.eu/en/press/press-releases/2020/02/18/council-sets-its-priorities-for-the-2021-eu-budget/
General Secretariat of the Council: Council conclusions on the budget guidelines for 2021 (18 February 2020) http://data.consilium.europa.eu/doc/document/ST-5759-2020-INIT/en/pdf
General Secretariat of the Council: Joint statement on the dates for the budgetary procedure and modalities for the functioning of the Conciliation Committee in 2020 (27 May 2020) https://data.consilium.europa.eu/doc/document/ST-8345-2020-INIT/en/pdf
European Parliament: Press Release, 28/05/2020: Supporting the recovery: MEPs adopt budget priorities for 2021 https://www.europarl.europa.eu/news/en/press-room/20200520IPR79527/
European Commission: Press Release, 24/06/2020: EU budget 2021: An annual budget focused on European recovery https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1171
European Commission: Draft EU Budget 2021 – Questions and Answers (24 June 2020) https://ec.europa.eu/commission/presscorner/detail/en/qanda_20_1185
European Commission: Commissioner Hahn's opening statement in the European Parliament BUDG Committee on the Draft Budget 2021 (24 June 2020) https://ec.europa.eu/commission/presscorner/detail/en/statement_20_1192
Council of the European Union: Press Release, 09/09/2020: EU budget for 2021: Council agrees position https://www.consilium.europa.eu/en/press/press-releases/2020/09/09/eu-budget-for-2021-council-agrees-position/
Council of the European Union: Press Release, 04/12/2020: EU budget for 2021: Council and Parliament reach common understanding https://www.consilium.europa.eu/en/press/press-releases/2020/12/04/eu-budget-for-2021-council-and-parliament-reach-common-understanding/
Renew Europe Group: Newsroom, 04/12/2020: A 2021 budget awaiting the unblocking of the MFF https://reneweuropegroup.eu/en/news/1726-a-2021-budget-awaiting-the-unblocking-of-the-mff/
European Commission: Press Release, 18/12/2020: EU budget 2021: A kick-start of the European recovery https://ec.europa.eu/commission/presscorner/detail/en/IP_20_2489
European Parliament: Press Release, 18/12/2020: EU Budget 2021 approved: supporting the recovery https://www.europarl.europa.eu/news/en/press-room/20201211IPR93640/

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