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2014 draft budget: update in favour of students, businesses, research and to support Cyprus

The Commission has proposed adjustments to its proposal for the 2014 EU budget. The changes mainly reflect the political agreement reached on the Multiannual Financial Framework (MFF) 2014-2020 between the leaders of the European Parliament, Council and Commission on 27-28 June.

"2014 will be the first year of the new MFF and I want the EU budget to boost troubled economies from day one", said EU budget Commissioner Janusz Lewandowski. "I therefore propose to put even more funds for science and research programmes and to support the companies. These changes will bring more jobs, especially for the young. I'm also glad to express Europe's solidarity with Cyprus to mitigate the impact of its painful adjustment through investing EUR 200 million more in its economy" – he added.

More information

Press release
Documents: Amending letter No 1 of the Draft General Budget for the financial year 2014