- Europe, like you've never read before -
Tuesday, 15 July 2025
No Result
View All Result
  • it ITA
  • en ENG
Eunews
  • Politics
  • World
  • Business
  • News
  • Digital
  • Green
  • Agriculture
  • Other sections
    • European Agenda
    • Culture
    • Sports
  • Newsletter
  • European 2024
  • Politics
  • World
  • Business
  • News
  • Digital
  • Green
  • Agriculture
  • Other sections
    • European Agenda
    • Culture
    • Sports
No Result
View All Result
Eunews
No Result
View All Result

Home » Politics » Budget 2025, Council cuts Commission proposal by 8.17 billion

Budget 2025, Council cuts Commission proposal by 8.17 billion

Total commitments of 191.53 billion compared to 199.7 proposed by the EU executive. Now awaiting Parliament, and then inter-institutional negotiations

Emanuele Bonini</a> <a class="social twitter" href="https://twitter.com/emanuelebonini" target="_blank">emanuelebonini</a> by Emanuele Bonini emanuelebonini
17 July 2024
in Politics
SALVADANAIO MAIALINO ROSA SOLDI RISPARMIO MONETE 1 E 2 EURO ECONOMIA ELABORAZIONE ELABORAZIONI

SALVADANAIO MAIALINO ROSA SOLDI RISPARMIO MONETE 1 E 2 EURO ECONOMIA ELABORAZIONE ELABORAZIONI

Brussels – A budget €8.17 billion lighter, reflecting “a prudent approach” to spending. The EU Council has approved its negotiating position for the Budget 2025: a downward revision from the proposal put on the table by the European Commission, which had proposed commitments of €199.7 billion. Instead, the Twenty-Seven have opted for a new annual cycle of €191.53 billion in commitments (what is willing to support net of available cash) and €146.21 billion in payments (available cash).

The 2025 budget is not only limited to the multi-year budget (MFF 2021-2027) but is complemented by actions to support recovery through the NextGenerationEU anti-pandemic program, which, according to the EU executive’s intentions, should add an additional €72 billion to the amount under inter-institutional negotiation.

According to Péter Banai, Hungarian minister of state in charge of budget negotiations, “the agreement reached provides a good starting point for negotiations with the European Parliament, which we hope will allow the budget to be adopted on time.” 

After the understanding reached in COREPER, there is time until September 13 for a minister-level approval, which the Hungarian presidency of the EU Council intends to approve by written procedure. At that point, there will be two months to attempt an inter-institutional understanding with the new Parliament. The legal deadline for reaching an agreement on the annual budget is November 18, 2024, at midnight.

So far, the process for the 2025 budget seems to reflect an established practice whereby, compared to the Commission’s proposal, the Council revises downward while the Parliament plays upward. The new EU Parliament will now have to express itself, and possibly confirm dynamics that have become typical of the confrontation on the dossier.

English version by the Translation Service of Withub
Tags: budget 2025eu budgeteu councilmff 2021-2027multi-year budget 2021-2027

Eunews Newsletter

Related Posts

Briefs

EU, 2025 budget ready: €199.7 billion proposed

19 June 2024
map visualization
Habeck

Germany elections: Robert Habeck to be Green Party’s chancellor candidate

by Francesco Bortoletto bortoletto_f
18 November 2024

The economy minister has a firm grip on the environmental party, which will now support him between now and the...

von der leyen lula g20 mercosur

Von der Leyen at G20 pushes to close EU-Mercosur deal. Now Italy, too, looks to the no front led by France

by Simone De La Feld @SimoneDeLaFeld1
18 November 2024

The Free Trade Agreement with the four Latin American countries has been at a standstill for nearly a quarter century....

germania

Immigration: Johansson warns Germany: ‘Ready for infringement procedure, if necessary’

by Emanuele Bonini emanuelebonini
18 November 2024

Home Affairs Commissioner reminds of the prerogatives and limits of member states. "Each state still remains bound by EU rules"

Antonio Tajani

Tajani appeals to the EPP and Socialists on EU vice-presidencies: ‘Serious mistake to waste time on political whims’

by Simone De La Feld @SimoneDeLaFeld1
18 November 2024

The Ribera case in Spain is making headlines, with the Partido Popular warning that it will not support the formation...

  • About us
  • Contacts
  • Director’s Point of View
  • Privacy Policy
  • Cookie policy

Eunews is a registered newspaper - Press Register of the Court of Turin n° 27

Copyright © 2023 - WITHUB S.p.a., Via Rubens 19 - 20148 Milan
VAT number: 10067080969 - ROC registration number n.30628
Fully paid-up share capital 50.000,00€

No Result
View All Result
  • it ITA
  • en ENG
  • Politics
  • World politics
  • Business
  • General News
  • Digital
  • Green Economy
  • Agriculture
  • European Agenda
  • Culture
  • Sports
  • Opinions
  • Newsletter

No Result
View All Result
  • it ITA
  • en ENG
  • Politics
  • World politics
  • Business
  • General News
  • Digital
  • Green Economy
  • Agriculture
  • European Agenda
  • Culture
  • Sports
  • Opinions
  • Newsletter

This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.

Attention