299 billion expected from the EU budget in 2023

European billions, mainly in form of grants, will be invested for immediate economic and social recovery after the COVID-pandemic and for smart response to new crisis. The European Commission will prioritise environmental and digital investments, but there will be also other attractive opportunities hidden among the millions awarded. In the article below we present the planned spending for your overview:

Date: 7. 08. 2022

1. EUR 103.5 billion from the Next Generation EU programme will be spent on regional tourism and agricultural development, energy renewal, mobility, digitisation of the public sector, and broadband, among others,   

2. EUR 13.6 billion for research and development under Horizon Europe,  

3. EUR 3.5 billion for the Erasmus+ programme and EUR 325 million for artists under the Creative Europe programme,  

4. EUR 2.2 billion for space technologies, research and development, under the EU Space programme

5. EUR 4.8 billion for digital development, including in cross-border infrastructure and European chips,  

6. EUR 2.3 billion for environment and climate action, under the LIFE programme as well as for a just and inclusive green transition under the Just Transition Fund.  

The remainder will be dedicated to common defense and security, improving the common single market as well as health care. Upcoming EU funding opportunities will be frequent, diverse and worthy of close monitoring and quality preparation.

copyright: European Commission, Directorate-General for Budget

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