2020 EU budget: Council and Parliament reach agreement

Agro Napló
On 18 November the Council and the European Parliament reached agreement on an EU budget for 2020 which strongly focuses on growth and competitiveness, climate action and other EU priorities such as security and management of migration.

Total commitments are set at €168.7 billion. This is an increase of 1.5% compared to the 2019 budget as amended. €1.5 billion have been kept available under the expenditure ceilings of the multiannual financial framework for 2014-2020, allowing the EU to react to unforeseeable needs.

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