European Commission presents EU annual budget of €185.6 billion for 2023 – €12 billion to support partners
June 8, 2022

European Commission presents EU annual budget of €185.6 billion for 2023 – €12 billion to support partners

On 7 June, the European Commission proposed an annual EU budget of €185.6 billion for 2023, to be complemented by an estimated €113.9 billion in grants under NextGenerationEU. 

The EU budget will continue to mobilise significant investments to boost Europe’s strategic autonomy, the ongoing economic recovery, safeguard sustainability and create jobs. The European Commission says it will continue to prioritise green and digital investments while addressing pressing needs arising from recent and current crises.

This budget will include €14.3 billion to support the EU’s partners and interests in the world, of which €12 billion under the Neighbourhood, Development and International Cooperation Instrument — Global Europe (NDICI — Global Europe), €2.5 for the Instrument for Pre-Accession Assistance, and €1.6 billion for Humanitarian Aid. 

The Commission proposes €12.3 billion for Horizon Europe, the Union’s flagship research programme, in which Armenia, Georgia and Moldova participate as associate members. Ukraine has also signed a corresponding agreement.

The European Commission also says that additional proposals for financing the consequences of the war in Ukraine, both externally and domestically, will be submitted later this year, based on a more accurate assessment of needs.

Find out more

Press release

EU boosts Horizon Europe budget to support green, health and digital innovations and displaced researchers of Ukraine


Interested in the latest news and opportunities?

This website is managed by the EU-funded Regional Communication Programme for the Eastern Neighbourhood ('EU NEIGHBOURS east’), which complements and supports the communication of the Delegations of the European Union in the Eastern partner countries, and works under the guidance of the European Commission’s Directorate-General for Neighbourhood Policy and Enlargement Negotiations, and the European External Action Service. EU NEIGHBOURS east is implemented by a GOPA PACE-led consortium. It is part of the larger Neighbourhood Communication Programme (2020-2024) for the EU's Eastern and Southern Neighbourhood, which also includes 'EU NEIGHBOURS south’ project that runs the EU Neighbours portal.

The information on this site is subject to a Disclaimer and Protection of personal data. © European Union,