Multiannual Financial Framework 2021-2027 and NextGenerationEU total allocations per headingĪll amounts in € in current prices. Modernising traditional policies such as cohesion and the common agricultural policy, to maximise their contribution to the Union's prioritiesįighting climate change, with 30% of the EU funds, the highest share ever of the European budgetīiodiversity protection and gender equality In addition, the package pays attention to Preparedness, recovery and resilience, via the Recovery and Resilience Facility, rescEU and a new health programme, EU4Health Research and innovation, via Horizon Europeįair climate and digital transitions, via the Just Transition Fund and the Digital Europe Programme More than 50% of the long-term budget and NextGenerationEU are supporting modernisation, for example through: In the aftermath of Russia’s aggression on Ukraine, the EU budget was mobilised to provide emergency assistance and support, in Ukraine and in the EU countries, and to alleviate the humanitarian consequences of the war.įacts and figures of MFF 2021-2027 and NextGenerationEU Main elements of the package The funds are being used to address the most important challenges before Europe and support those in need. It will be a greener, more digital and more resilient Europe. A total of €2.018 trillion in current prices* are helping rebuild a post-COVID-19 Europe. The EU’s long-term budget, coupled with NextGenerationEU (NGEU), the temporary instrument designed to boost the recovery, form the largest stimulus package ever financed in Europe. It amounts to €750 billion in 2018 prices. It is now time to get to work, to make Europe greener, more digital and more resilient. We have the vision, we have the plan, and we have agreed to invest together €806.9 billion*.
It is a once in a lifetime chance to emerge stronger from the pandemic, transform our economies, create opportunities and jobs for the Europe where we want to live.
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