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Budget committee chair Jan van Overtveldt, and budget control committee chair Monika Hohlmeier look over future budget commissioner Johannes Hahn (Photo: European Parliament)

EU agrees 2020 budget deal

EU governments and the European Parliament reached a last-minute agreement on a crucial 2020 budget on Monday (18 November) night, boosting spending on fighting climate change.

The EU has committed to spend €168.7bn, of which 21 percent will go to climate. There is also an increase in total payments that amount to €153.6bn, a 3.4 percent increase from 2019.

A deal was especially important as it is the last spending plan of the EU's current seven-year budget.

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

Budget committee chair Jan van Overtveldt, and budget control committee chair Monika Hohlmeier look over future budget commissioner Johannes Hahn (Photo: European Parliament)

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

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