Agreement reached on EU’s €170bn budget for 2022

NEWS 16.11.202118:07 0 komentara
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On Monday evening, the European Parliament and the Council of the European Union, upon proposal from the European Commission, reached an "informal political agreement" on the EU budget for 2022 totaling around €170 billion, state agency Hina said on Tuesday, citing a press release from the European Commission.

The agreement is “for commitments of €169.5 billion, and payments of €170.6 billion,” Hina said. Under the agreement, €49.7 billion is earmarked for support to recovery by stimulating investments in “economic, social and territorial cohesion.” A total of €53.1 billion has been earmarked for the Common Agricultural Policy and €971.9 million for the European Maritime, Fisheries, and Aquaculture Fund.

€12.2 billion has been earmarked for Horizon Europe, to support the EU’s research in areas like health, digital transformation, industry, space, climate, energy, and mobility; and €613.5 million for the Single Market Programme, supporting competitiveness and small businesses, including in the tourism sector. A total of €839.7 million will be directed towards the EU4Health programme to support the EU Health Union and deliver a comprehensive response to the health needs of European citizens.

€1.2 billion will be directed under the Just Transition Fund to make sure the transition to climate neutrality works for all and €755.5 million under the LIFE programme to support environment and climate action. A total of €2.8 billion is intended for the Connecting Europe Facility for an up-to-date, high-performance transport infrastructure to facilitate cross-border connections; and €3.4 billion is intended for Erasmus+ to invest in young people, while €406 million is intended for the cultural and creative sectors through the Creative Europe programme.

Under the agreement, €1.1 billion will be directed towards the Asylum, Migration and Integration Fund and €809.3 million to the Integrated Border Management Fund to step up cooperation on external border management, including €25 million for the protection of the border with Belarus, as well as migration and asylum policy, which also includes additional funding for resettlement pledges.

The Internal Security Fund has been allocated €227.1 million and the European Defence Fund €945.7 million to support European strategic autonomy and security. A total of €15.2 billion is intended to support the EU’s neighbours and international development and cooperation.

The agreement includes targeted increases for the Neighborhood, Development and International Cooperation Instrument (NDICI) – Global Europe (€190 million), focusing on Afghanistan and Syria, as well as for the Humanitarian Aid programme (€211 million) to address crisis situations across the globe.

Croatian MEP Karlo Ressler (HDZ/EPP) represented the Parliament “as the youngest chief negotiator for the budget ever, with one of the most successful outcomes of negotiations,” Hina said, citing a press release issued by his office.

Ressler said that the negotiating team managed to increase the budget by €480 million, with total increases for key programs being even bigger, with focus being on support to SMEs, including in tourism, research and health, and additional support for digital and green transition.

“Special attention was paid to the external dimension considering the global challenges Europe has been faced with, including the humanitarian crisis in Afghanistan, help to Syrian refugees and support to third countries in dealing with the coronavirus pandemic,” Ressler said.

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