The agreement reached on 14 November is for commitments of €186.6 billion and payments of €168.7 billion. Once adopted, the budget would allow the EU to mobilise significant funds to help mitigate the severe consequences of Russia’s war of aggression against Ukraine not only in Ukraine itself, but also in the southern neighbourhood and Member States. The budget would also support the ongoing sustainable recovery from the coronavirus pandemic, as well as protect and create jobs. It would trigger further investments in a greener, more digital and more resilient Europe, while protecting the most vulnerable in the European neighbourhood and around the world.