2017 EU budget gets Council approval

28 November 2016

The Council gave its final go-ahead to the 2017 EU budget by approving the deal reached with the European Parliament on 17 November. If the Parliament endorses the agreement at its vote on 1 December the 2017 EU budget is considered adopted.

Two digit growth rates for top priorities 

Two digit growth rates are provided to a number of top priorities: 

• almost €6 billion in commitments and hence around 11.3% more than in 2016 will be available to address the migration pressure and make the life of European citizens more secure; the money will help member states to resettle refugees, create reception centres, integrate persons who have the right to stay and return those who don't; it will also contribute to enhancing border protection, stepping up crime prevention and counter terrorism activities and protecting critical infrastructure
• €21.3 billion in commitments are mobilised 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 rises by 25% to €2.7 billion. [...]

Full press release

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