EU General Budget 2016 Adoption

Summary

The 2016 EU budget focuses on responding to the migration crisis, supporting farmers in distress, and boosting economic competitiveness through employment initiatives.
10 24.02.2016
Other
refugee
economy
human rights
social policy
administrative reform
international relations
public finance and budget policy
employment and working conditions
agriculture, forestry and fisheries
information technology and data processing

Key points

  • The 2016 budget is set at approximately 155 billion euros in commitments and 143.8 billion euros in payments.
  • Significant resources are allocated to address the migration and refugee crisis, including relocation schemes and support for agencies like Frontex and EASO.
  • Emergency measures of 500 million euros are integrated to support European farmers, particularly in the dairy sector.
  • The budget reinforces competitiveness through increased funding for the COSME program and the Youth Employment Initiative.
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