On Friday 3 October, the European Commission published draft amending budget No 3 for the financial year 2025, aiming to update the ‘expenditure’ and ‘revenue’ sides of the budget.
With this draft amending budget No 3/2025, the GNI (gross national income) contributions of the EU Member States will have to make up a shortfall of €31.9 million in order to balance the budget.
On the expenditure side, the European Commission is proposing a reduction of €123.7 million in commitment appropriations and an increase of €2,517 million in payment appropriations. On the revenue side, an additional €1,185 million - from definitive fines and penalties collected - is included, as well as €1,300 million from the estimated traditional own resources surplus.
The remaining voted budget and available assigned revenues will not cover the estimated payment needs until the end of the year for the European Regional Development Fund (ERDF), the European Social Fund Plus (ESF+) and the Border Management and Visa Policy Instrument (BMVI). The Commission is also proposing to increase their payment appropriations: €2 billion more for ERDF, €0.7 billion more for ESF+ and €357 million more for BMVI.
This draft amending budget No 3/2025 will have to be adopted by the two arms of the budgetary authority (the Council and the European Parliament).
See draft amending budget No 3/2025: https://aeur.eu/f/iri (Original version in French by Florent Servia)