European Parliament adopts EU budget 2023: focus on Ukraine, energy and recovery
November 23, 2022

European Parliament adopts EU budget 2023: focus on Ukraine, energy and recovery

Next year’s EU budget was signed today into law by European Parliament President Roberta Metsola.

For 2023’s EU budget, members of the European Parliament (MEPs) secured better and more effective support for addressing the consequences of the war in Ukraine and the pandemic recovery process. Parliament obtained €1.05 billion for its priorities on top of what the Commission had initially proposed in the draft budget.

To tackle the consequences of the Russian war against Ukraine, additional funding will be provided to Erasmus+ (with €120 million to support students and teachers from Ukraine), humanitarian aid (plus €150 million), the Asylum, Migration and Integration Fund (plus €36.5 million), the Border Management and Visa Instrument (plus €10 million), the ‘Neighbourhood, Development and International Cooperation Instrument’ (NDICI – Global Europe) for the EU’s southern and eastern neighbourhood (with €280 million), and Military Mobility (with €58.8 million).

The total EU budget for 2023 is €186.6 billion in commitments, with payments set at €168.7 billion.

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