The Commission has proposed an annual EU budget just short of €20 billion for 2025. The budget will be complemented by an estimated €72 billion of disbursements under NextGenerationEU. This substantial financial envelope will support the EU in meeting its political priorities while integrating the changes agreed in the mid-term revision of the Multiannual Financial Framework (MFF) in February 2024.
“The draft budget 2025 directs funds to where they can make the greatest difference, in cooperation and in line with the needs of the EU Member States and their partners around the world to make Europe more resilient and fit for the future to the benefit of EU citizens and businesses”, the Commission said in a statement.
This will be done by fostering the green and digital transitions, by creating jobs while strengthening Europe’s strategic autonomy and global role. It will enable support to key critical technologies through the Strategic Technologies for Europe Platform (STEP).
The draft budget 2025 will also provide – in line with the MFF mid-term revision – continued support for Syrian refugees in Türkiye and the wider region, the Southern Neighbourhood including the external dimension of migration, as well as the Western Balkans. Crucially, it will provide stable and predictable support to Ukraine.
The annual budget for 2025 will have to be formally adopted by the Budgetary Authority before the end of the year.
