Budget

Responsibilities

This department develops and carries out the Commission's policies on the EU budget:

Its responsibilities include:

• Make sure the EU budget underpins the delivery on the EU political priorities
• Prepare the Commission's budget proposals, act as an honest broker in the negotiations between the European Parliament and the Council
• Borrow funds on the capital markets to support various EU programmes
• Work to ensure the EU budget is spent effectively and delivers on its objectives to the benefit of EU citizens
• Make sure that the right mechanisms are in place to protect the budget and guarantee that every euro goes to where the needs are
• Collect the revenue to the EU budget. Propose and negotiate any new sources of revenue
• Propose and put into place the rules for the spending of EU funds
• Manage the EU expenditure, including payments to finance the recovery under NextGenerationEU and to support Ukraine under various Macro-Financial Assistance programmes
• Manage the treasury function, by receiving all revenue and executing all payments from the EU budget
• Manage the Commission's financial and accounting system, prepare and publish the EU annual accounts
• Coordinate the discharge procedure from A to Z
• Report on the implementation and performance of the EU budget, including by running the Financial Transparency System for EU payments
• Support the overall EU budget strategy and policy activities with effective communication including relations with the financial community and other institutions

Budget website

Transparency

As part of the Commission's commitment to transparency, Commission staff holding management functions publish information on and minutes of all meetings they hold with interest representatives.
Meetings of the Directorate-General for Budget