Annual EU Budget 2023

Author (Corporate)
Publication Date 2022
Content Type , , ,

Summary:

Information Guide bringing together relevant documents and reports concerning the annual budget of the European Union (EU) for 2023. This budget is influenced by the overall Multiannual Financial Framework (MFF) 2021-2027 and the NextGenerationEU instrument.

Further information:

The Council of the European Union adopted its guidelines for this annual budget on 15 March 2022. The European Parliament adopted a Resolution on 5 April concerning its priorities for the budget.

The European Commission submitted the documents concerning its own proposal for the 2023 annual budget on 7 June, comprising a total of €185.6 million to be complemented by an estimates 113.9 billion in grants under NextGenerationEU. The main aims of the proposed budget are to mobilise investments to boost the EU's strategic autonomy, the economic recovery, safeguard sustainability and create jobs. Green and digital investments are the priority while addressing pressing needs arising from recent and existing crises. The proposal for the draft budget was eventually submitted on 1 July.

Member State representatives adopted their position concerning the proposal on 13 July. The Council formally adopted it on 6 September. Upon a proposal from the European Commission, the co-legislators reached an agreement for the annual budget on 14 November 2022. It establishes commitments of €186.6 billion, and payments of €168.7 billion. It is focused on addressing the consequences of Russia's invasion of Ukraine, engaging in a sustainable recovery from the COVID-19 (coronavirus) pandemic, and job protection and creation.

The Council of the European Union endorsed the agreed text on 22 November, followed by the plenary of the European Parliament on 23 November. Its definitive adoption was published in the Official Journal on 23 February 2023.

The consolidated annual accounts of the European Union for the financial year 2023 were published in the Official Journal on 10 October 2024.

Related Links
Official
EUR-LEX: OJ L 58, 23/02/2023: Definitive adoption (EU, Euratom) 2023/278 of the European Union’s annual budget for the financial year 2023 https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2023.058.01.0001.01.ENG
European Commission: Annual EU budget 2023 https://ec.europa.eu/info/strategy/eu-budget/annual-eu-budget/all-annual-budgets/2023_en
General Secretariat of the Council: Policies: EU budget for 2023 https://www.consilium.europa.eu/en/policies/the-eu-budget/eu-annual-budget/2023-budget/
European Parliament: Committee on Budgets: Budgetary Procedure 2023 https://www.europarl.europa.eu/committees/en/budg/budgetary-procedures/2023-procedure
European Parliament: Legislative Observatory: Procedure File for Resolution on Guidelines for the 2023 Budget - Section III (2021/2226(BUI)) https://oeil.secure.europarl.europa.eu/oeil/popups/ficheprocedure.do?lang=en&reference=2021/2226(BUI)
EUR-LEX: COM(2022)400: Draft Union annual budget for the financial year 2023 - General Introduction - General statement of expenditure - General statement of revenue - General statement of revenue and expenditure by section https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2022:400:FIN
European Parliament: Legislative Observatory: Procedure FIle for Proposal on 2023 draft general budget: all sections (2022/0212(BUD)) https://oeil.secure.europarl.europa.eu/oeil/popups/ficheprocedure.do?reference=2022/0212(BUD)
Council of the European Union: Press Release, 15/03/2022: Council sets its priorities for the 2023 EU budget https://www.consilium.europa.eu/en/press/press-releases/2022/03/15/council-sets-its-priorities-for-the-2023-eu-budget/
European Parliament: Press Release, 16/03/2022: Keeping the recovery on track for all: MEPs adopt budget priorities for 2023 https://www.europarl.europa.eu/news/en/press-room/20220309IPR25171/
S&D EP Group: Newsroom, 05/04/2022: The 2023 EU budget should take into account the war in Ukraine, say S&Ds https://www.socialistsanddemocrats.eu/newsroom/2023-eu-budget-should-take-account-war-ukraine-say-sds
Renew Europe EP Group: News, 05/04/2022: The EU budget in 2023 must reflect the war in Ukraine and be a tool of resistance and resilience https://www.reneweuropegroup.eu/news/2022-04-05/the-eu-budget-in-2023-must-reflect-the-war-in-ukraine-and-be-a-tool-of-resistance-and-resilience
European Parliament: Press Release, 05/04/2022: EU Budget 2023: “significant funding” needed to address the consequences of Ukraine war https://www.europarl.europa.eu/news/en/press-room/20220401IPR26533/
European Commission: Press Release, 07/06/2022: EU budget 2023: Empowering Europe to continue shaping a changing world https://ec.europa.eu/commission/presscorner/detail/en/ip_22_3473
European Commission: Questions and answers: Draft annual budget 2023 (7 June 2022) https://ec.europa.eu/commission/presscorner/detail/en/qanda_22_3474
Renew Europe EP Group: News, 07/06/2022: Budget 2023: We need ambitious budget solutions to deal with historic events https://www.reneweuropegroup.eu/news/2022-06-07/budget-2023-we-need-ambitious-budget-solutions-to-deal-with-historic-events
Council of the European Union: Press Release, 13/07/2022: EU budget for 2023: Council agrees its position https://www.consilium.europa.eu/en/press/press-releases/2022/07/13/eu-budget-for-2023-council-agrees-its-position/
EUR-LEX: Official Journal: C 345, 06/09/2022: Council Decision adopting the Council's position on the draft general budget of the European Union for the financial year 2023 https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.C_.2022.345.01.0001.01.ENG#ntr1-C_2022345EN.01000101-E0001
European Parliament: Press Release, 29/09/2022: EU budget 2023 - timeline & quick reference https://www.europarl.europa.eu/news/en/press-room/20220929IPR41806/
European Parliament: Press Release, 03/10/2022: EU budget 2023 to tackle urgent challenges: Ukraine, migration, energy, recovery https://www.europarl.europa.eu/news/en/press-room/20221003IPR42124/
EPP EP Group: Newsroom, 03/10/2022: Budget 2023: Extraordinary situations require extraordinary solutions https://www.eppgroup.eu/newsroom/news/budget-2023-extraordinary-solutions-required
European Parliament: Press Release, 10/10/2022: EU budget 2023: respond to current crises, focus on people’s needs https://www.europarl.europa.eu/news/en/press-room/20221010IPR42634/
European Parliament: Press Release, 19/10/2022: MEPs want EU budget for 2023 to focus on Ukraine, energy and pandemic https://www.europarl.europa.eu/news/en/press-room/20221014IPR43214/
Council of the European Union: Press Release, 11/11/2022: EU budget for 2023: Conciliation will reconvene on Monday https://www.consilium.europa.eu/en/press/press-releases/2022/11/11/eu-budget-for-2023-conciliation-will-reconvene-on-monday/
European Commission: Press Release, 14/11/2022: Commission welcomes agreement on EU Annual Budget 2023 https://ec.europa.eu/commission/presscorner/detail/en/ip_22_6785
Council of the European Union: Press Release, 15/11/2022: EU budget for 2023: Council and Parliament reach agreement https://www.consilium.europa.eu/en/press/press-releases/2022/11/15/eu-budget-for-2023-council-and-parliament-reach-agreement/
European Parliament: Press Release, 15/11/2022: EU Budget 2023 deal: focus on Ukraine, energy and recovery https://www.europarl.europa.eu/news/en/press-room/20221107IPR49301/
Council of the European Union: Press Release, 22/11/2022: Council gives go-ahead to EU budget for 2023 https://www.consilium.europa.eu/en/press/press-releases/2022/11/22/council-gives-go-ahead-to-eu-budget-for-2023/

News
Science Business, 03/02/2022: Fight begins over 2023 research budget https://sciencebusiness.net/news/fight-begins-over-2023-research-budget
EurActiv, 09/06/2022: Leading Romanian MEP slams Commission’s EU budget proposal https://www.euractiv.com/section/politics/short_news/leading-romanian-mep-slams-commissions-eu-budget-proposal/
Politico, 13/07/2022: EU diplomats scold Parliament over budget increase request https://www.politico.eu/article/eu-diplomat-push-back-parliament-budget/
Science Business, 14/07/2022: Parliament, Council lock horns over 2023 Horizon budget https://sciencebusiness.net/news/parliament-council-lock-horns-over-2023-horizon-budget
Science Business, 01/09/2022: Parliament braces to fight member states over 2023 Horizon Europe budget https://sciencebusiness.net/news/parliament-braces-fight-member-states-over-2023-horizon-europe-budget
Science Business, 04/10/2022: Parliament to fight for €311M top-up for Horizon Europe in 2023 https://sciencebusiness.net/news/parliament-fight-eu311m-top-horizon-europe-2023
Reuters, 04/10/2022: European Union to integrate aid for Ukraine into 2023 budget https://www.reuters.com/world/europe/european-union-integrate-aid-ukraine-into-2023-budget-2022-10-04/
European Parliament: Press Release, 23/11/2022: MEPs adopt EU budget 2023: focus on Ukraine, energy and recovery https://www.europarl.europa.eu/news/en/press-room/20221118IPR55709/

Commentary and Analysis
EPRS: At a Glance, March 2022: Parliament's guidelines for the 2023 EU budget: Section III – European Commission https://www.europarl.europa.eu/thinktank/en/document/EPRS_ATA(2022)729345
EurActiv: Opinion, 19/09/2022: Facing a war at its borders, the EU’s coffers are empty. What can we do? https://www.euractiv.com/section/economy-jobs/opinion/facing-a-war-at-its-borders-the-eus-coffers-are-empty-what-can-we-do/
EPRS: At a Glance, November 2022: Adoption of the European Union's 2023 budget https://www.europarl.europa.eu/thinktank/en/document/EPRS_ATA(2022)739197

Subject Categories
Subject Tags
International Organisations