On 6 February, the European Parliament and Council of the EU reached an agreement on the revision of the long-term budget of the EU. This update reflects aspects of the Parliament’s position adopted in December 2022, which called for a response to evolving needs and unforeseen circumstances, as well as a stable financing solution for Ukraine, as well as the decision of the European Council on 1 February 2024.
However, the revised funding package includes redeployment of funds from other programmes, including:
• EUR 1 billion will be taken from the EU4Health programme
• EUR 2.1 billion will be taken from the Horizon Europe research programme.
More details on the budget revision are available at:
