Last update: Nov 30, 2021 Last update: 30 Nov, 2021


Office: Belgium
Address: Avenue d’Auderghem 19 / Oudergemselaan 19 1040 Bruxelles
E-mail(s): clima-eu-action@ec.europa.eu
Contact person: CEO
Phone: +32 229-91111
Sectors: Audit, Finance & Accounting, Macro-Econ. ... See more Audit, Finance & Accounting, Macro-Econ. & Public Finance, Public Administration
Nr. of employees: N/A
Types: Multilateral Multilateral
Status: Active


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The European Commission's Directorate-General for Budget is responsible for keeping the EU's annual budgets, expenses and revenues within predetermined limits as well as contributing to the EU's annual budget preparations and preparing the Commission's budget proposals which are then negotiated and agreed upon by the European Parliament and Council, borrowing funds from the capital markets to fund the recovery under the NextGenerationEU instrument and implementing a diversified funding strategy.

BUDG also oversees EU spending, including payments to finance recovery under NextGenerationEU and the mobilization of EU budget money to enable the EU to respond to emergencies.

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