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EU budget 2023: Empowering Europe to continue shaping a changing world

The Commission has proposed an annual EU budget of €185.6 billion for 2023, to be complemented by an estimated €113.9 billion in grants under NextGenerationEU.

Graph showing draft Annual Budget 2023 supported by NextGenerationEU. Total €300 billion, ©European Union
European Union

date:  16/06/2022

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The EU budget published on 7 June will continue to mobilise significant investments to boost Europe's strategic autonomy and the ongoing economic recovery, while safeguarding sustainability and creating jobs. The Commission will prioritise green and digital investments while addressing pressing needs arising from recent and current crises. Additional proposals to finance the impact of the war in Ukraine both externally and internally will be tabled later in the year, based on a more precise needs assessment, as per the European Council conclusions of 31 May 2022.