EU budget for 2023: Council and Parliament reach agreement

The Council and the European Parliament today reached agreement on an EU budget for 2023 which strongly focuses on the EU's main policy priorities.

Total commitments are set at €186.6 billion. This is an increase of 1.1% compared to the 2022 budget as amended. €0.4 billion have been kept available under the expenditure ceilings of the multiannual financial framework for 2021-2027, allowing the EU to react to unforeseeable needs.

Total payments amount to €168.6 billion, rising 1% from 2022.

I welcome our agreement on next year's budget as it will allow us to focus on the EU's priority areas in a particularly volatile geopolitical context. It also ensures a realistic approach, taking into account the current economic situation, the interests of taxpayers and the need to cater for new challenges that may arise in 2023.

Jiří Georgiev, Deputy Minister of Finance of the Czech Republic and chief Council negotiator for the 2023 EU budget

 

2023 EU budget (in € million)

Headings

Commitments

Payments

1. Single market, innovation and digital

21.548

20.901

2. Cohesion, resilience and values

70.587

58.059

3. Natural resources and environment

57.259

57.456

4. Migration and border management

3.727

3.038

5. Security and defence

2.117

1.208

6. Neighbourhood and the world

17.212

13.995

7. European public administration

11.311

11.311

Special instruments

2.855

2.680

Total

186.617

168.649

Appropriations as % of GNI (gross national income) 1,14% 1,03%

Commitments are legally-binding promises to spend money on activities that are implemented over several years.

Payments cover expenditure arising from commitments entered into during the current or preceding years.

Background

The Commission, in its initial draft budget for 2023, set total commitments at €185.59 billion and total payments at €166.27 billion.

The Council, in its position adopted on 13 July 2022, set total commitments at €183.95 billion and total payments at €165.74 billion.

The Parliament, in its amendments voted in October 2022, set total commitments at €187.29 billion and total payments at €167.61 billion.

Also in October 2022, the Commission presented an amending letter to the draft budget, setting total commitments at €186.35 billion and total payments at €168.66 billion.

Adoption of the budget requires a qualified majority within the Council, in agreement with the European Parliament (legal basis: article 314 of the Treaty on the Functioning of the European Union).

Next steps

The Parliament and the Council now have 14 days to formally approve the agreement reached. The Council is expected to endorse it on 22 November.