Annual EU Budget 2025

Author (Corporate)
Publication Date 2024
Content Type

Summary:

Compilation of resources focusing on the annual budget of the European Union (EU) for 2025. This budget is influenced by the overall Multiannual Financial Framework (MFF) 2021-2027 and topped up by expenditure under the NextGenerationEU instrument. It is the fifth budget in the existing MFF.

Further information:

The EU’s annual budget lays down all the European Union’s expenditure and revenue for one year. It provides for the funding of EU policies and programmes in line with the EU’s political priorities and legal obligations. The Council of the European Union adopted its guidelines for this annual budget on 12 March 2024. The plenary of the European Parliament adopted a Resolution concerning its Opinion on the budgetary estimates and guidelines on 13 March.

The European Commission submitted the documents concerning its own proposal for the 2025 annual budget on 19 June, comprising a total of €199.7 billion to be complemented by an estimated €72 billion in grants under NextGenerationEU. The Council's position on the draft general budget was adopted on 13 September 2024. The European Parliament put forward its own amendments to the proposed  budget on 23 October.

An agreement between the institutions on the annual budget for 2024 was reached on 16 November. Total commitments were set at around €192.77 billion, and total payments amount to around €149.61 billion.

Related Links
Official
European Commission: DG Communication: Annual EU Budget 2025 https://commission.europa.eu/strategy-and-policy/eu-budget/annual-eu-budget/all-annual-budgets/2025_en
General Secretariat of the Council (EU): Policies: EU budget for 2025 https://www.consilium.europa.eu/en/policies/eu-annual-budget/2025-budget/
General Secretariat of the Council (EU): Policies: The EU’s annual budget https://www.consilium.europa.eu/en/policies/eu-annual-budget/
European Commission: DG Communication: How is the EU budget prepared? https://commission.europa.eu/strategy-and-policy/eu-budget/how-it-works/annual-lifecycle/preparation_en
European Parliament: Legislative Observatory: Procedure File for Proposal on Guidelines for the 2025 Budget - Section III (2023/2220(BUI)) https://oeil.secure.europarl.europa.eu/oeil/en/procedure-file?reference=2023/2220(BUI)
European Parliament: Press Release, 04/03/2024: Investments tailored to improving people’s lives: MEPs’ EU budget priorities for 2025 https://www.europarl.europa.eu/news/en/press-room/20240301IPR18599/
Council of the European Union: Press Release, 12/03/2024: Budget 2025: Council agrees on guidelines for next year's EU budget https://www.consilium.europa.eu/en/press/press-releases/2024/03/12/budget-2025-council-agrees-on-guidelines-for-next-year-s-eu-budget/
European Commission: Press Release, 19/06/2024: EU Budget 2025 aims to reinforce funding for Europe's priorities https://ec.europa.eu/commission/presscorner/detail/en/ip_24_3247
European Commission: Questions and answers on draft annual budget 2025 (19 June 2024) https://ec.europa.eu/commission/presscorner/detail/en/qanda_24_3248
Council of the European Union: Press Release, 17/07/2024: EU annual budget for 2025: Council agrees its position on the draft budget https://www.consilium.europa.eu/en/press/press-releases/2024/07/17/eu-annual-budget-for-2025-council-agrees-its-position-on-the-draft-budget/
S&D EP Group: Newsroom, 18/09/2024: EU budget 2025: S&Ds call on member states not to make major cuts in EU programmes https://socialistsanddemocrats.eu/newsroom/eu-budget-2025-sds-call-member-states-not-make-major-cuts-eu-programmes
European Parliament: Press Release, 23/10/2024: EU budget for 2025 to focus on research, health, education, and climate action https://www.europarl.europa.eu/news/en/press-room/20241017IPR24737/
Renew Europe EP Group: Newsroom, 23/10/2024: Countering the manoeuvres of the far right, Renew Europe builds a majority for a 2025 EU budget in favour of citizens https://www.reneweuropegroup.eu/news/2024-10-23/countering-the-manoeuvres-of-the-far-right-renew-europe-builds-a-majority-for-a-2025-eu-budget-in-favour-of-citizens
European Parliament: Press Release, 16/11/2024: EU Budget 2025 deal: EP reinforces EU programmes and manages borrowing costs https://www.europarl.europa.eu/news/en/press-room/20241111IPR25334/
Council of the European Union: Press Release, 16/11/2024: EU budget for 2025: Council and Parliament reach agreement https://www.consilium.europa.eu/en/press/press-releases/2024/11/16/eu-budget-for-2025-council-and-parliament-reach-agreement/
European Commission: Press Release, 16/11/2024: EU annual budget 2025: pursuing our political priorities and addressing crises https://ec.europa.eu/commission/presscorner/detail/en/ip_24_5866
European Commission: Questions and Answers - Agreement on the EU Annual Budget 2025 (16 November 2024) https://ec.europa.eu/commission/presscorner/detail/en/qanda_24_5867
EPP EP Group: Newsroom, 16/11/2024: Deal on 2025 EU Budget https://www.eppgroup.eu/newsroom/deal-on-2025-eu-budget
Renew Europe EP Group: Newsroom, 16/11/2024: European budget 2025 - Renew Europe finances its priorities https://www.reneweuropegroup.eu/news/2024-11-16/european-budget-2025-renew-europe-finances-its-priorities

News
Open Access Government, 25/06/2024: EU proposes €200 billion budget for 2025 to tackle key challenges https://www.openaccessgovernment.org/eu-proposes-e200-billion-budget-for-2025-to-tackle-key-challenges/178495/
Science Business, 03/10/2024: Parliament wants a bigger 2025 research budget https://sciencebusiness.net/news/horizon-europe/parliament-wants-bigger-2025-research-budget
Euronews, 08/10/2024: MEPs oppose cuts to EU programs, demand increased budget for 2025 https://www.euronews.com/my-europe/2024/10/08/meps-oppose-cuts-to-eu-programs-demand-increased-budget-for-2025
The Sofia Globe, 16/11/2024: Deal reached on EU 2025 budget https://sofiaglobe.com/2024/11/16/deal-reached-on-eu-2025-budget/
Science Business, 19/11/2024: Horizon Europe cuts avoided as Parliament strikes 2025 spending deal https://sciencebusiness.net/news/r-d-funding/eu-budget/horizon-europe-cuts-avoided-parliament-strikes-2025-spending-deal

Commentary and Analysis
European Parliamentary Research Service (EPRS): Blog, 17/09/2024: EU budget 2025 https://epthinktank.eu/2024/09/17/eu-budget-2025/

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Record URL https://www.europeansources.info/record/?p=529787