EU budget for 2016
On 24 November 2015, the Council approved the 2016 EU budget deal agreed by the conciliation committee on 14 November. The EU budget for 2016 was adopted on 25 November 2015, when the European Parliament confirmed the agreement.
The EU budget for 2016 sets the total level of commitments at €155.00 billion and of payments at €143.89 billion.
billion for payments
This leaves a margin of €2.3 billion under the expenditure ceiling of the multiannual financial framework for 2014-2020, allowing the EU to react to unforeseen needs.
Tackling the migration and refugee crisis
The 2016 EU budget provides the European Union with the financial means to respond to the current needs and challenges. It makes available in particular more than €4 billion in commitments for helping member states and third countries to address the migration and refugee crisis.
Fight against terrorism
The 2016 EU budget also significantly increases the resources for the fight against crime and the protection against terrorist attacks. The internal security fund increases by 64.0% in commitments and 46.7% in payments compared to the 2015 budget as adopted last year. The fund is designed to help implementing the EU's internal security strategy, law enforcement cooperation and the management of the EU's external borders.
Research and growth
Resources for research and other measures aimed at boosting growth increase by 8.3% in commitments and 10.8% in payments compared to 2015 to reach €19.01 billion and €17.41 billion respectively.
The 2016 EU budget supports farmers with extraordinary measures amounting to €698.0 million to alleviate the impact of the Russian embargo on certain agricultural products and of the difficult situation in the dairy and pigmeat sector.
The 2016 budget deal also includes a commitment from Parliament to reduce the number of posts in its establishment plan by 197 between 2016 and 2019. The Council, the Parliament and the Commission agreed in December 2013 to reduce their staff by 5% between 2013 and 2017.
A summary of the EU budget for 2016: