EU budget 2022: Europe´s future is green and digital!
The EU recently proposed an annual budget of €167.8 billion for 2022. Additionally, it is to be complemented by an estimated €143.5 billion in grants under NextGenerationEU. The goal behind this financial boost is to aid economic recovery, shield sustainabilty, create jobs, and strenghten Europe´s role in the world. Furthermore, in order to make Europe fit for the future, green and digital spending will be prioritised.
The funding reflects EU´s priorities, which include: alleviate the economic and social impact of the COVID-19 pandemic, strengthen agri-food and fisheries sectors in terms of resilience and crisis management, and support regional development as well as cohesion,
For further information on EU´s 2022 budget and the respective fund allocation please visit the European Commission´s official page hier.