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)
Characteristic
Long-term budget
Next Generation EU
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European Commission. (April 29, 2021). European Union's long-term budget and Next Generation EU for 2021 to 2027, by type (in billion euros) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1244130/eu-long-term-budget-and-next-generation-eu/?locale=en
European Commission. "European Union's long-term budget and Next Generation EU for 2021 to 2027, by type (in billion euros)." Chart. April 29, 2021. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1244130/eu-long-term-budget-and-next-generation-eu/?locale=en
European Commission. (2021). European Union's long-term budget and Next Generation EU for 2021 to 2027, by type (in billion euros). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1244130/eu-long-term-budget-and-next-generation-eu/?locale=en
European Commission. "European Union's Long-term Budget and Next Generation Eu for 2021 to 2027, by Type (in Billion Euros)." Statista, Statista Inc., 29 Apr 2021, https://www.statista.com/statistics/1244130/eu-long-term-budget-and-next-generation-eu/?locale=en
European Commission, European Union's long-term budget and Next Generation EU for 2021 to 2027, by type (in billion euros) Statista, https://www.statista.com/statistics/1244130/eu-long-term-budget-and-next-generation-eu/?locale=en (last visited September 01, 2024)
European Union's long-term budget and Next Generation EU for 2021 to 2027, by type (in billion euros) [Graph], European Commission, April 29, 2021. [Online]. Available: https://www.statista.com/statistics/1244130/eu-long-term-budget-and-next-generation-eu/?locale=en