The Commission has today proposed the 2017 draft EU Budget of €134.9 billion in payments focusing on the two main policy priorities for Europe: supporting the ongoing recovery of the European economy and addressing the security and humanitarian challenges in our neighbourhood.
Increased funding will go to investments in growth, jobs and competitiveness in the European Union as well as to securing the necessary resources to protect the external borders of the EU, to reinforce security inside and outside the Union, to provide support for the reception and integration of refugees, and to address the root causes of migration in the countries of origin and transit.
European Commission Vice-President Kristalina Georgieva, in charge of budget and human resources, said:
"The EU is facing massive challenges and in these difficult times a focused and effective EU budget is not a luxury but a necessity. It helps buffer against shocks, providing a boost to our economy and helping to deal with issues like the refugee crisis. As always, we continue to focus our budget on results, making sure that every euro from the EU budget is well spent."
The proposed budget operates within the tight limitations set by the European Parliament and Member States in the Multiannual Financial Framework. Within those boundaries, the Commission is proposing to be as flexible and focused as possible.It is providing the necessary means to move forward in priority areas whilst reducing spending for less urgent activities.
The European Parliament and the European Union Member States will now jointly discuss this proposal.