Economic and Budgetary Outlook for the European Union 2022

Study 31-01-2022

The Recovery and Resilience Facility: RRF

Offering an overview of the economic and budgetary situation in the EU and beyond, and summarising the main economic indicators in the EU and euro area and their two-year trends, this study is the sixth in an annual series of 'Outlooks' produced by the European Parliamentary Research Service (EPRS). In seven chapters, the authors of the publication explain and analyse the EU annual budget and give an overview of its headings for 2022, all within the wider budgetary context of the EU’s post-2020 Multiannual Financial Framework (MFF) and the Next Generation EU (NGEU) recovery fund. This year's special 'economic focus' puts the spotlight on some aspects of the ongoing economic recovery– namely, fiscal and monetary matters, labour issues and environmental choices – and aims to give a flavour of the discussion expected in the coming months.