close× Info message:This event has ended.

In 2020, the EU agreed a €2.0 trillion economic response to support the recovery from the coronavirus pandemic and build a greener, more digital and more resilient future. At the heart of it is the EU budget. To finance part of this response – the NextGenerationEU recovery instrument of some €800 billion – the European Commission, on behalf of the EU, will borrow on the capital markets.

Fast forward to 2021, the EU first borrowing transactions are already a reality. The funds under the 2021-2027 long-term budget and NextGenerationEU are starting to flow to the EU countries, regions, municipalities and companies, helping make Europe’s economy better fit for the future. New own resources for the EU budget will be proposed in 2021.

The new responsibilities of the EU budget are raising major questions about its changing role today and in the future.

To take stock of the ongoing reflection and shape the future debate, the European Commission is hosting the conference "The EU budget and NextGenerationEU: fireworks or big bang?". The event will take place on 8 November 2021. It will bring together policy-makers, research organisations, capital market participants and citizens in a lively online discussion on:

  • How fit is the EU budget to address the challenges ahead of the EU?
  • NextGenerationEU as a game changer on the capital markets – making it happen.
  • New revenue to the EU budget – why does it matter?
  • Bringing policy ambition at the heart of the EU budget – how to make the green and digital transitions happen?

Interested to join the debate and have your say about the changing role of the EU budget?

The event has ended and you are now invited to watch the recorded video. The timeline below will help you navigate through the video.

Watch the recording

Have a look at the photos and videos of the event


  • 09:50 - 10:00

    Welcome remarks

    Johannes Hahn, Commissioner for Budget and Administration, European Commission


  • 10:00 - 10:15

    Keynote address: The EU Budget at the centre of policy delivery

    Ursula von der Leyen, President, European Commission


  • 10:15 - 11:15

    The EU as an issuer: challenges and opportunities

    Moderator: Rebecca Christie, Bruegel Fellow

    Christian Sewing, CEO of Deutsche Bank
    Gert Jan Koopman, Director-General for Budget, European Commission
    Sylvain Broyer, S&P Chief Economist, EMEA
    Elena Carletti, Professor of Finance, Bocconi University, Department of Finance


  • 11:30 - 12:30

    New own resources empowering the EU budget

    Moderator: Gert Jan Koopman, Director-General for Budget, European Commission

    Introductory speech: Nadia Calviño, Vice-President and Minister for Economy and Digitalisation, Spain

    Nadia Calviño, Vice-President and Minister for Economy and Digitalisation, Spain
    Clément Beaune, Minister of State for European Affairs, France
    Johan Van Overtveldt, Member of the European Parliament - Chair of the Committee on Budget
    Cinzia Alcidi, Director of Research, Centre for European Policy Studies


  • 12:30 - 14:30

    Lunch Break


  • 14:30 - 14:40

    TED-STYLE TALK: "An EU budget for growth"

    Clemens Fuest, President of the Institute for Economic Research and Director of the Center for Economic Studies University of Munich


  • 14:40 - 15:30

    The evolving nature of the EU budget

    Moderator: Sam Fleming, Brussels Bureau Chief, Financial Times

    Kristalina Georgieva, Managing Director, International Monetary Fund

    Johannes Hahn, Commissioner for Budget and Administration, European Commission


  • 15:30 - 15:45

    Keynote address: EU budget: Lessons learnt from the crisis

    António Costa, Prime Minister, Portugal


  • 15:45 - 15:55

    Annual Budget Conference closing remarks

    Gert Jan Koopman, Director-General for Budget, European Commission

  • 16:00 - 17:00

    Technical workshop - Measuring climate mainstreaming

    Moderator: Ester Asin Martinez, Director, WWF European Policy Office

    Philippe Lamberts, Member of the European Parliament, Greens/EFA Co-President
    Jon Blöndal, Head of Budgeting and Public Management, OECD
    Diana Ürge-Vorsatz, Vice Chair of Working Group III (Mitigation) of IPCC (Intergovernmental Panel on Climate Change)
    Clara De La Torre, Deputy Director-General for Climate Action, European Commission

DownloadPDF - 204 KB
DownloadPDF - 210 KB
DownloadPDF - 4.2 MB


Want to read about the evolving nature of the EU budget?

Check our policy brief!


Logo: Conference on the Future of Europe

The Annual EU Budget Conference is part of a broader initiative, the Conference on the Future of Europe, which enables people from across Europe to share their ideas and help shape our common future.

Annual Budget Conference 2021 - Visual


Images and videos


Practical information

8 November 2021, 9.50 - 17.00 (CET)
170 Rue de la Loi
De Gasperi room (Charlemagne building)
1049 Brussels