EU's long-term budget and Next Generation EU 2021-2027

Published by
Madhumitha Jaganmohan,
Jun 22, 2021
The EU’s long-term budget, or the multiannual financial framework (MFF) for the next seven years (2021-2027) is approximately 1.21 trillion euros. The Next Generation EU, a temporary instrument to power the recovery during unforeseen circumstances was 807 billion euros.

European Union's long-term budget and Next Generation EU for 2021 to 2027, by type (in billion euros)

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Release date

April 2021

Region

Europe, EU

Survey time period

2021

Special properties

in current prices, as of November 2020

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