17 November 2016

European Council: Deal reached on 2017 EU budget

The Council and European Parliament reached agreement on a 2017 EU budget which strongly reflects the EU's main policy priorities. Total commitments are set at €157.88 billion and payments at €134.49 billion.

More money for migration and security 

Agreed commitments of €5.91 billion mean that around 11.3% more money will be available for tackling the migration crisis and reinforcing security than in 2016. The money will be used to help member states in the resettlement of refugees, the creation of reception centres, the support for integration measures and the returns of those who have no right to stay. It will also help to enhance border protection, crime prevention, counter terrorism activities and protect critical infrastructure. 

Investing in growth and jobs 

Commitments of €21.3 billion were agreed to boost economic growth and create new jobs under sub-heading 1a (competitiveness for growth and jobs). This is an increase of around 12% compared to 2016. This part of the budget covers instruments such as Erasmus + which increases by 19% to €2.1 billion and the European fund for strategic investments which raises by 25% to €2.7 billion. The 2017 EU budget also includes €500.00 million in commitments for the youth employment initiative to help young people to find a job. Further €500.00 million were agreed for supporting milk and other livestock farmers with additional support measures announced in July. 

With a view to matching member states' consolidation efforts at national level the Council and the Parliament reminded all EU institutions to complete the 5% staff reduction by 2017 as agreed in 2013.   

	Headings	2017 EU budget (in mln €)
		Commitments	Payments
	1. Smart and inclusive growth	74,898	56,521
	- 1a. Competitiveness for growth and jobs	21,312	19,321
	- 1b. Economic, social and territorial cohesion	53,587	37,201
	2. Sustainable growth	58,587	37,101
	3. Security and citizenship	4,284	3,787
	4. Global Europe	10,187	9,483
	5. Administration	9,395	9,395
	Special instruments	534	390
	TOTAL	157,883	134,490

Next steps 

The 2017 EU budget is expected to be formally adopted by the Council on 29 Novemberand the Parliament on 1 December.

Full press release

© European Council