In order to mobilise significant investments in a more resilient, a greener and more digital Europe, the Commission presented an annual budget of €167.8 billion for 2022.

The Commission has today proposed an annual EU budget of €167.8 billion for 2022, to be complemented by an additional dotation of €143.5 billion under NextGenerationEU.

The draft budget 2022, boosted by NextGenerationEU, directs funds to where they can make the greatest difference, in line with the most crucial recovery needs of the EU Member States and our partners around the world.

The funding will help rebuild and modernise our Union, by fostering the green and digital transitions, creating jobs and strengthening Europe’s role in the world.

The budget reflects the EU’s political priorities, which are relevant to ensure a sustainable recovery.