What was the total budget of the EU in 2014?

€1,082.5 billion
The EU has a long-term budget of €1,082.5 billion for the period 2014–2020, representing 1.02% of the EU-28’s GNI….Budget of the European Union.

Submitted by European Commission
Total revenue €148.2 billion
Total expenditures €148.2 billion

What is the biggest part heading of the EU budget 2014 2020?

Heading 1a: Competitiveness for growth and jobs.

How much is the EU budget 2020?

The EU budget for 2020 agreed by the Council and the European Parliament strongly focuses on growth and competitiveness, climate action and other EU priorities such as security and management of migration. Total commitments are set at €168.7 billion. This is an increase of 1.5% compared to the 2019 budget as amended.

What is the budget that the European Commission is aiming for for the period 2021-2027?

Meeting in Brussels, EU leaders agreed on the long-term EU budget for 2021-2027, which will be worth €1074.3 billion. The budget will support investment in the digital and green transitions.

What is the EU budget for 2019?

€165.6 billion
The 2019 EU Budget This proposed total commitment appropriations of €165.6 billion (£148.2 billion) and payment appropriations of €148.7 billion (£133.0 billion) in EU spending (nominal figures).

Who led European Commission between 2014 and 2019?

List of presidents

N. President (Born–Died) Took office
12 Jean-Claude Juncker (born 1954) 1 November 2014
5 years, 29 days
13 Ursula von der Leyen (born 1958) 1 December 2019
2 years, 178 days

Who was the first female president of the European Parliament?

The two female presidents were Simone Veil MEP in 1979 (first president of the elected Parliament) and Nicole Fontaine MEP in 1999, both Frenchwomen.

What is the total GDP of the European Union?

The European Union’s GDP was estimated to be around $17.9 trillion (nominal) in 2020, representing around 1/6 of the global economy.

How is the EU budget divided?

The EU budget is divided into more than 80 funds and programmes. Five of these funds, the European Structural and Investments Funds (ESIF), represent 33% of the total budget. Around 6% of the budget goes to the administration of the European institutions, whereas around 94% is allocated to various European programmes.

What is the headroom of EU budget?

The headroom is the difference between the maximum amount of funds that the EU can request from Member States to cover its financial obligations (own resources ceilings) and the maximum amount of funds that can be spent in a given period (long-term budget payment ceilings).

How big is EU budget?

How big is the EU budget? At some €148 billion (2019 figure), the EU budget is in fact smaller than the budgets of Austria or Belgium. This was a tiny fraction (2%) of the combined national budgets of all EU countries (€7,524 billion) in 2019.