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EU budget 2019 approved - focus on the young, innovation and migration

EU budget 2019 approved - focus on the young, innovation and migration

MEPs have secured better support for students, unemployed youngsters and researchers

Commitment appropriations for 2019 total €165.8 billion. Payment appropriations total €148.2 billion. This is an increase of 3.17% in commitments and 2.37% in payments compared to 2018. For next year’s budget, MEPs have secured better support for students, unemployed youngsters and researchers.

MEPs negotiators secured EUR 943 million reinforcements of EP main political priorities, namely in support of researchers (€490 million more for Erasmus+ and research programmes), young people, SMEs, tackling root causes of migration and climate change.

After Council formally approved the conciliation agreement with Parliament on the 2019 budget, Parliament approved the budget by 451 votes to 142, with 78 abstentions. It was then signed into law by President Antonio Tajani.

Source: European Parliament

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