YPOIK: Political agreement between the European Council and the European Parliament on the EU Budget 2022

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On 15 November 2021, an agreement was reached in Brussels between the Council and the European Parliament on a joint draft EU Budget. for the year 2022, which includes commitments totaling 169.5 billion euros and payment appropriations of 170.6 billion euros and aims to mobilize investment for a sustainable recovery and a “green”, digital and resilient Europe, notes in a statement the Ministry of Finance.

The agreement ensures a balanced and realistic Budget, which prioritizes recovery from the pandemic, protection and job creation, the “green” and digital economy, while providing sufficient room to address potential emergencies and future challenges. . Emphasis is also placed on the areas of cohesion, innovation, migration, security, humanitarian aid and the Union’s external action.

The EU Budget 2022 is expected to allocate significant resources to sectors and programs of high Greek interest, such as Economic and Social Cohesion, the Common Agricultural Policy, Immigration and Asylum, Small and Medium Enterprises (SMEs), as well as EU4Health, HORIZON, LIFE and ERASMUS.

More specifically, through Budget 2022 it was agreed to allocate a total of:

€ 49.7 billion to support the recovery by promoting investment in economic, social and territorial cohesion.
EUR 53.1 billion for the Common Agricultural Policy and EUR 971.9 million for the European Maritime and Fisheries Fund for European farmers, as well as for strengthening the resilience of the agri-food sector.
12.2 billion euros for the “HORIZON” program in order to support EU research sectors such as health, the digital sector, industry, space, climate, energy and mobility and EUR 613.5 million for the Single Market Program, which aims to support competitiveness and SMEs, including of the tourism sector.
€ 839.7 million for the EU4Health program to support EU health and integrated response to the needs of European citizens in the field of health.
€ 1.2 billion under the Fair Transition Fund to ensure that the transition to climate neutrality benefits all, as well as € 755.5 million under the LIFE program to support environmental and climate.
€ 2.8 billion for the Connecting Europe Facility, which targets modern transport infrastructure to facilitate cross-border connections.
€ 3.4 billion for Erasmus + to invest in youth, and € 406 million for the cultural sectors through the Creative Europe program.
€ 1.1 billion for the Asylum, Immigration and Integration Fund and € 809.3 million for the Integrated Border Management Fund to strengthen co-operation in the field of external border management, including € 25 million. euro for the protection of the border with Belarus, as well as immigration and asylum policy, which includes additional funding for resettlement commitments.
EUR 227.1 million for the Internal Security Fund and EUR 945.7 million for the European Defense Fund to support the European strategy for autonomy and security.
€ 15.2 billion to support neighbors and international development and cooperation. The agreement includes targeted increases in the Neighborhood, Development and International Cooperation Facility (MFAA) – Europe in the World (€ 190 million), focusing on Afghanistan and Syria, as well as the humanitarian aid program (€ 211 million). to deal with crisis situations around the world.

The Ministry of Foreign Affairs notes that the Council and the European Parliament have 14 days to approve the joint plan. A vote will take place in the Plenary Session of the European Parliament on 25-26 November, which will formally mark the end of the 2022 Budget approval process.

In conclusion, the agreement on the Budget 2022 is considered particularly beneficial for our country, as the inflow of European resources is expected to contribute to critical areas for the Greek economy, such as the green and digital transition, the strengthening of economic and social cohesion, the stimulation of investment and employment, the management of migration flows and the promotion of research and innovation.

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Source From: Capital

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