Update of the 2023 EU Budget and New Funding Instruments

by name voted on 18.10.2023

Summary

This report concerns the third amending budget for 2023, which updates the EU's revenue forecasts and provides financing for new initiatives like the European Chips Act and defence reinforcement.

9 18.10.2023

Other

budget

defence

economy

finance

european union

public finance and budget policy

information technology and data processing

Key points

Update of the European Union's revenue forecasts, including increases in customs duties and plastic packaging waste levies.
Establishment of financing for strategic initiatives: the Defence Industrial Reinforcement Instrument and the European Chips Act.
A reduction in the GNI-based contributions from Member States by 4.4 billion euros due to higher revenue from other sources.
Inclusion of over 9 billion euros in contributions from the United Kingdom and approximately 690 million euros in fines and penalties.

Vote

PPE

S&D

Renew

Verts/ALE

ECR

ID

NI

The Left

Total

Documents (PDFs)

DRAFT REPORT on the Council position on Draft amending budget No 3/2023 of the European Union for the financial year 2023 – Update of revenue (own resources) and other technical adjustments including the set-up and financing for 2023 of the new Defence Industrial Reinforcement Instrument and of the European Chips Act REPORT on the Council position on Draft amending budget No 3/2023 of the European Union for the financial year 2023 – Update of revenue (own resources) and other technical adjustments including the set-up and financing for 2023 of the new Defence Industrial Reinforcement Instrument and of the European Chips Act Draft amending budget No 3/2023: Update of revenue (own resources) and other technical adjustments

These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.