Multiannual Financial Framework

The EU's budget in 2022 was around €170bn. Of this, €54bn subsidised agriculture enterprise, €42bn was spent on transport, building and the environment, €16bn on education and research, €13bn on welfare, €20bn on foreign and defence policy, €2bn in finance, €2bn in energy, €1.5bn in communications, and €13bn in administration.

The Multiannual Financial Framework (MFF) of the European Commission, also called the financial perspective, is a seven-year framework regulating its EU annual budget. It is laid down in a unanimously adopted Council Regulation with the consent of the European Parliament. The financial framework sets the maximum amount of spendings in the EU budget each year for broad policy areas ("headings") and fixes an overall annual ceiling on payment and commitment appropriations.[1]

  1. ^ "Financial Framework 2014 - 2020 documents - Financial programmation and Budget". ec.europa.eu.