The European Commission submitted for approval the draft budget of the European Union for 2025. Its total amount is €199.7 billion, according to the website of the European Commission.
Within the framework of the economic transformation program of the European Union NextGenerationEU, the budget will be supplemented by another €72 billion.
For Ukraine, the draft budget includes €4.3 billion in grants under the Ukraine Facility and €10.9 billion in loans.
The budget is planned to be distributed as follows:
- €53.8 billion — for the Common Agricultural Policy and separately €0.9 billion to support fisheries;
- €49.2 billion — for regional development within the framework of the "green transition";
- €16.3 billion — to support partners and own interests in the world (excluding Ukraine);
- €13.5 billion for research and innovation;
- €4.6 billion for European strategic investments;
- €2.1 billion — for space;
- €11.8 billion — for sustainability and values (supporting culture and education);
- €2.4 billion for environmental and climate measures;
- €2.7 billion for border protection;
- €2.1 billion — expenses related to migration within the EU;
- €1.8 billion — solving defense tasks;
- €977 million — for the functioning of the Single Market.
The draft budget for 2025 is part of the long-term budget of the European Union for 2021-2027. The budget for 2025 must be adopted by the end of 2024.