The Commission is proposing a 2016 EU budget of €143.5 billion in payment credits to support the recovery of the European economy and to help improve lives in Europe and beyond. The money will be invested to boost innovation, create new jobs, help convergence among Member States and among regions, deal more effectively with migration and strengthen the role of the EU as a global player.
The Juncker Commission takes office "Now it is time to roll up our sleeves and get down to work: to kick-start economic recovery, create more and better jobs, address the plight of Europe's youth for a better future, protect the most vulnerable in our society and cope with the rapidly deteriorating geopolitical situation. Together, we will succeed." - President of the European Commission Jean-Claude Juncker. - ec.europa.eu