Draft general budget of the European Union for the financial year 2016 – General introduction – General statement of revenue – General statement of revenue and expenditure by section

Summary:

The draft budget (DB) 2016 is the first EU budget prepared in light of the political guidelines established by Commission President Juncker providing a new start for Europe based on his agenda for Jobs, Growth, Fairness and Democratic change.

The spending programmes of the Union, which are adopted by the European Parliament and the Council on the basis of Commission proposals, cover the full period of the multiannual financial framework (MFF). Now that the main programmes under the 2014-2020 MFF have been put in place and can start to deliver their intended results, the first draft budget (DB) proposed by the Juncker Commission for the year 2016 reflects its 10 political priorities defined when it took office.

First and foremost, the key priority for the 2016 DB is to provide a new boost for jobs, growth and investment. In particular, through the proposed creation of the European Fund for Strategic Investments (EFSI), the Commission proposes to maximize the use of the EU budget in order to respond to the slower pace of investments, caused by increased risk aversion and persisting uncertainties on the economic recovery.

Besides the promotion of growth and jobs, the EU budget is targeted to the promotion of fairness, positioning the Union as a stronger global actor and moving towards a new policy on migration. The 2016 DB aims to provide solidarity between Member States and regions through the European Structural and Investment Funds, and help young people to be trained and find jobs using the Youth Employment Initiative. Moreover, the 2016 DB intends to respond to new developments in Europe's neighbourhood (e.g. Ukraine in the East and Syria in the Mediterranean) and the wider world, facing growing migratory pressures in the Southern Mediterranean.

• Primary Source

Official

EUR-Lex: COM(2015)300: Follow the progress of this draft budget through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2015:300:FIN

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ESO Records

ESO: Background information: Commission proposes draft EU budget 2016: focus on jobs, growth, migration and global action http://www.europeansources.info/record/press-release-commission-proposes-draft-eu-budget-2016-focus-on-jobs-growth-migration-and-global-action/

ESO: Background information: Preliminary draft budget / General budget http://www.europeansources.info/record/website-preliminary-draft-budget-general-budget-2007/

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