login
login

Europe Daily Bulletin No. 12513

25 June 2020
EU RESPONSE TO COVID-19 / Budget
Commission adds €211 billion in grants and €133 billion in loans to 2021 budget for post-Covid-19 recovery
Brussels, 24/06/2020 (Agence Europe)

On Wednesday 24 June, the European Commission adopted a draft European Union budget for 2021, which, at current prices, amounts to €166.7 billion in commitments, or 1.19% of the EU27’s Gross National Income (GNI).

This represents a significant decrease - of 9.7% - compared to the 2020 budget (including -25% for cohesion policy), caused by the UK's departure from the EU and the end of the transition period.

The Commission is anticipating receiving €163.5 billion in payments in 2021,...

Contents

BEACONS
EU RESPONSE TO COVID-19
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
SECURITY - DEFENCE
EXTERNAL ACTION
INSTITUTIONAL
SOCIAL AFFAIRS
NEWS BRIEFS