The EU’s 2014-2020 budget in figures

HVR summit 2013.jpg

After 26 hours of negotiations, European heads of state and governments decided on a smaller EU budget for the period 2014-2020. Here are the numbers, compiled by EURACTIV France.

The European Council has penned the figures for the 2014-2020 budget. But they await the final decision of the European Parliament, which is expected to mull them over for some 18 months.

 

(in millions of euros)

Current situation 2007-2013

Europ. Comm. (CE) Propos. 07/2012

Van Rompuy (HVR 2) Propos.

22/11/12

Final deal on the budget

Diff. current and final budget

Diff. HVR 2 and final deal

 

Heading 1

444 310

503 062

459 691

450 783

1.3%

-2%

 

 Sub-heading 1a (Competitiveness for growth and jobs)

91 495

164 068

139 543

125 614

38%

-11%

 

Connecting Europe Facility (infrastructure)

12 900

40 000

41 249

29 299

140%

-29%

 

   – Transport

 

21 829

26 948

23 174

 

-15%

 

   – Energy

 

9 178

7126

5 126

 

-15%

 

   – Telecoms

 

9 242

7175

1 000

 

-86%

 

  ITER/GMS/Galileo

 

15 548

12793

12 793

 

0%

 

   – ITER

 

2 707

2707

2 707

 

0%

 

   – GMS

 

5 841

3786

3 786

 

0%

 

   – Galileo

 

7 000

6300

6 300

 

0%

 

 Decommissions

 

702

860

860

 

0%

 

Decommission of Ignalina nuclear facility (Lituania)

 

x

400

400

 

0%

 

Decommission of Bohunice nuclear facility (Slovakia)

 

x

200

200

 

0%

 

Decommssion of Kozludy nuclear facility (Bulgaria)

 

x

260

260

 

0%

 

 Sub-heading 1b (Cohesion)

354 815

338 994

320 148

325 149

-10%

-1.5%

 

  Less-developed regions

 

163 561

161 427

164 279

 

-2%

 

  Transition regions

 

36 471

31 393

31 677

 

0%

 

  More-developed regions

 

55 419

50 872

49 492

 

-3%

 

  Cohesion

 

70 740

66 341

66 362

 

0%

 

  Outermost regions

 

925

1 387

1 387

 

0%

 

  Territorial cooperation

 

11 878

8 728

8 948

 

2.5%

 

Heading 2 (Agriculture)

420 682

389 972

372 229

373 179

-12%

< 1%

 

 Direct payments

336 685

283 051

277 852

277 851

-17%

0%

 

 Rural development

 

91 966

83 666

84 936

 

1%

 

 Reserve for agricultural crisis

 

3 500

2 800

2 800

 

0%

 

Heading 3 (Security and citizenship)

12 366

18 809

16 685

15 686

27%

-6%

 

Heading 4 (Europe as a global actor)

58 362

72 450

60 667

58 704

0%

-4%

 

Heading 5 (Administration)

56 508

63 165

62 629 

61 629

10%

-2%

 

Compensation (rebates)

920

27

x

x

 

x

 

Other

 

 European development funds (EDF)

26 483

30 319

26 984

26 984

2%

0%

 

 Solidarity funds

7 000

7 000

4 550

3 500

-50%

-23%

 

 Flexibility instruments

1 400

3 500

3 500

3 297

135%

-6%

 

 Globalisation adjustment fund

3 500

3 000

1 848

1 050

-70%

-44%

 

 Emergency funds

1 547

2 450

1 960

1 960

26%

0%

 

Total (without Other)

993 601

1 047 458

971 901

959 988

-3.5%

-1.5%

 

Total (with Other)

1 033 531

1 091 277

1 010 743

996 776

-3.5%

-1.2%

 

Total (with Other inclus, without EDF)

1 005 501

1 060 958

983 759

969 795

-3.5%

-1.5%

Background

After 26 hours of talks, EU leaders have struck a deal last week (8 February) on the 7-year budget clamoring success, but have set themselves on a collision course with Parliament, which prepares to fight off the decision to cut spending that reflects austerity undertaken by many EU countries.

The EU budget for 2014-2020 is smaller than its predecessor. It goes down to 1% from 1.12% of EU GNI. It is the first net reduction to the EU budget in the Union’s history.

>>Read: EU leaders agree budget cuts, MEPs brace for strife

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