Parliament's guidelines for the 2023 EU budget: Section III – European Commission

At a Glance 30-03-2022

The 2023 EU budget will be the third under the multiannual financial framework (MFF) for 2021 to 2027. It is also the last year of the EU recovery instrument (Next Generation EU), which is planned to run from 2021 to 2023. The European Parliament contributes to the preparation of proposals for the forthcoming year's budget for the European Union through the adoption of its 'guidelines'. The draft guidelines, as adopted by the Committee on Budgets on 16 March 2022, outline Parliament's goals for the Union's 2023 budget, with the overarching priority of recovering from the coronavirus crisis and facing geopolitical challenges. Parliament is expected to adopt its guidelines during the April plenary session, ahead of the Commission's adoption of its proposal of the draft 2023 budget, scheduled for early June.