The Commission has proposed an annual EU budget of €199.7 billion for 2025. The budget will be complemented by an estimated €72 billion in disbursements under NextGenerationEU. This substantial financial envelope will support the EU in meeting its political priorities while integrating the changes agreed in the mid-term revision of the Multiannual Financial Framework (MFF) in February 2024.
Resources for R&I
The European Commission proposed allocating €13.5 billion for research and innovation, of which €12.7 billion will be allocated to Horizon Europe, the EU’s flagship research programme. The Draft Budget also includes the financing of the European Chips Act under Horizon Europe and through redeployment from other programmes.
The 2025 EU budget
The draft budget for 2025 is part of the Union’s long-term budget as adopted at the end of 2020 and as amended in February 2024, including subsequent technical adjustments. It seeks to turn its priorities into concrete annual deliverables.
The Budgetary Authority must formally adopt the 2025 annual budget before the end of the year.