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Integration of 2020 EU Budget Surplus into 2021 Budget

Summary

The European Parliament has approved the inclusion of a €1.77 billion surplus from 2020 into the 2021 budget, recommending that these funds be used for COVID-19 recovery.
9 13.09.2021
Other
budget
economy
european union
public finance and budget policy

Key points

  • The amendment aims to transfer the unused funds from the 2020 financial year into the 2021 budget.
  • The total surplus to be integrated amounts to approximately 1.77 billion euros.
  • A significant portion of this surplus was driven by higher-than-expected collections from customs duties.
  • Lower spending occurred because the pandemic restricted administrative activities like meetings and missions.

Speeches

1 Speech in total

Pro
Contra
Rainer WIELAND
Rainer WIELAND
PPE
0:41 min
7. First voting session
Documents (PDFs)
REPORT on the Council position on Draft amending budget No 3/2021 of the European Union for the financial year 2021 - entering the surplus of the financial year 2020 Draft amending budget No 3/2021: surplus of the financial year 2020
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