2020 EU budget: Council agrees its position
EU ambassadors today agreed the Council's position on the 2020 EU draft budget. Once formally adopted by the Council, this will serve as a mandate for the presidency in negotiations with the European Parliament.
In total, the Council's position for next year's budget amounts to €166.8 billion in commitments and €153.1 billion in payments. Compared to 2019, this is an increase of +0.6% in commitments and +3.3% in payments.
Next year's budget is the last under the current multiannual financial framework. Member states want it to be realistic and fit for purpose. The Council's position provides for adequate payment levels and funding for key priority areas, such as growth and jobs, climate action and the management of migration. At the same time, it includes targeted adjustments to the Commission's proposal and leaves sufficient margins for unforeseen needs. The agreement reached today will provide a solid basis for negotiations with the European Parliament.
- Kimmo Tiilikainen, State Secretary, Ministry of Finance of Finland, chief Council negotiator for the 2020 EU budget
The Council is expected to formally adopt its position on the 2020 EU budget in early September. The adoption of the Parliament's position is scheduled for the second half of October.