Category: Uncategorized

EU budget: green, digital and resilient future for Europe 2022

On 8 June, the European Commission presented a draft EU budget for 2022 that includes a share of funds earmarked for tackling climate change. For this strategic priority, the aim is to spend 30% of the long-term budget (adopted in 2020) and the NextGenerationEU recovery instrument. This amounts to €167.8 billion for next year, plus grants estimated at €143.5 billion under NextGenerationEU. European Budget Commissioner Johannes Hahn said: “Today we are proposing unprecedented levels of financial support to help Europe recover from the economic and health crises. We will help the people, businesses and regions most affected by the pandemic.…