On Tuesday 4 December, the European Parliament and the Council, with the support of the Commission, reached a provisional agreement on the 2019 EU budget during a decisive trilogue. This agreement is to be confirmed next week during the last plenary session of the European Parliament in Strasbourg. EU funds will continue to be invested in growth and jobs, research and innovation, students and young people – the priorities of the Juncker Commission. In line with the Commission's proposals of June and November 2018, the effective management of migration and of the Union's external borders will also remain a priority in the 2019 budget. Commissioner Günther H. Oettinger, in charge of the Budget and Human Resources, said: "This agreement is a sign that when we stand together, we can deliver the added value that our citizens ask for. The next objective is our long-term budget beyond 2020, and I hope that the constructive spirit and the strong involvement of all three institutions in the negotiations for the 2019 budget will be maintained in these discussions. We should focus on its timely adoption so our scientists, students, businesses, farmers and regions do not lose out." The 2019 EU budget is set at €165.8 billion in commitments (money that can be agreed in contracts in a given year) and €148.2 billion in payment credits (money that will be paid out).

Source: europa.eu