2021 EU budget

While waiting for the result of the negotiations on the MFF, the European Parliament adopted its reading of the draft 2021 budget on 12 November 2020. It reflected both the priorities included in its resolution of 19 June 2020 on general guidelines for the preparation of the 2021 budget, and Parliament’s negotiating position on the long-term financial package, updated after the European Council meeting, on 23 July 2020. Parliament decided to restore all cuts to the draft budget included in the Council position, with the exception of heading 7 ‘European public administration’. It also increased the Commission’s original proposal by €16.7 billion (+10 %), bringing the difference between the positions of the two arms of the budgetary authority to €20.5 billion (Figure 8).