The red arrows mark the budget for innovation programmes
Overview EU Budget
2021: EU Budget for Single market, Innovation and digital: 20.8 billion €
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2022: EU Budget for Single market, Innovation and digital: 21.8 billion €
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Inflation should be considered when looking at the budget.
Euro area annual inflation is expected to be 5.0% in December 2021, up from 4.9% in November according to a flash estimate from Eurostat, the statistical office of the European Union.
EU Budget 2021-2027
The Next Generation EU (NGEU) fund is a European initiative to provide financial support to all member states to recover from the adverse effects of the COVID-19 pandemic.
Horizon Europe is the EU’s key funding programme for research and innovation
The InvestEU program provides long-term funding for businesses and supports the Union's policies in recovering from economic and social crisis.
COVID-19 Recovery
