The Twenty-seven approve an increase in the European Budget for the year 2023
the twenty seven They have given the go-ahead this Tuesday to the EU general budget by 2023. It had already been agreed in the negotiations with the European Parliament last November 14 to increase the total commitment to 186.600 million euros.
The Council has reached this Tuesday the qualified majority as necessary for the approval of the budget, although the adoption will have to be declared by the European Parliament once the entire joint text has been approved.
The European Parliament negotiators and the Advice they reached a interim agreement on the budget of the European Union (EU) for 2023 on November 14, which set the total commitments at 186.6 billion euroswhich means a 1.1% increase compared to the modified 2022 budget, while the total payments amount to 168,600 milliona 1 more since 2022.
Agreement for the EU Budget
The agreement, which was reached shortly before the conciliation period deadline, maintains 400 million euros available under the spending ceilings of the multiannual financial framework for 2021-2027which allows the EU react to unforeseen needs.
The representatives of both institutions welcomed the agreement reached after two days of negotiationsa text that will make it possible to deal more effectively with the consequences of the war in Ukraine and the recovery process pandemic.
The budget requires the formal approval of the agreement by both institutions and after having received the approval of the Council, the European Parliament is expected to approve it this Wednesday, November 23.
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