recovery

The Budget of the 2021-2027 EU Funding Period

The Budget of the 2021-2027 EU Funding Period

The 2021-2027 EU budget (including the NextGenerationEU instrument of €750 billion, for temporary recovery), amounts to €1.8 trillion. This time, the conditions are different. It is not only for development and for the transition to a modern sustainable Europe, but also for the repair of the economic and social damage caused by the coronavirus pandemic.