Officials agree on EU budget for 2023

Members of the European Parliament and EU member states delegations have reached an agreement on the EU budget for 2023. The size of the budget is EUR 186 billion.
The announcement was made by Czech Deputy Minister of Finances Jiří Georgiev on Tuesday, 15 November. The EU plans to spend more money on transition to green energy and overcoming consequences from the war in Ukraine.
The agreement was reached late at night on 15 November (Tuesday morning – Latvian time). Had this agreement not been made by midnight, the European Commission would have had to submit a new budget project.