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Today, the European Commission presents its draft EU Budget 2022 to the Members of Parliament's Budgets Committee, thus formally launching the annual budgetary procedure.

“The next annual EU Budget has to be a recovery budget in all its aspects. Recovery fitted for all regions, all sectors and all generations. This means prioritising those most affected by the economic crisis, such as Small and Medium-sized Enterprises and young generations. We have to keep Europe competitive in the global market, with a focus on jobs, and with strong investments in the digital sector, green economy and secure infrastructure. For this reason, we will strive to reinforce the Commission proposal with all available budgetary means so that 2022 can be a turning point in the recovery,” stated Karlo Ressler MEP, the European Parliament's Rapporteur and negotiator on the EU Budget for 2022.

“The EU Budget 2022 has the necessary financial resources to promote growth, competitiveness, and thus have more and better jobs in the EU. The EU Budget 2022 is demanding and is crucial to European recovery. In 2022, all funds and programs of the long-term EU Budget 2021/2027 and the national Recovery Plans will have to be in execution simultaneously. In addition, the Member States will also have to use the funds still available from the previous long-term EU Budget 2014/2020 that are still available until 2023,” explained José Manuel Fernandes MEP, EPP Group Spokesman on Budgets.

NOTE TO EDITORS

The EPP Group is the largest political group in the European Parliament with 178 Members from all EU Member States

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