Editing European Union (section)

===Budget===
{{Main|Budget of the European Union}}

{{Pie chart
| caption = <div style="text-align:center;">'''EU funding programmes 2014–2020<br />(€1,087 billion)'''<ref>{{Cite web |title=EU funding programmes 2014–2020 |url=https://ec.europa.eu/info/strategy/eu-budget/spending/topic/eu-funding-programmes-2014-2020_en |access-date=2 January 2020 |website=European Commission}}</ref></div>
| label1 = Sustainable Growth/Natural Resources
| value1 = 38.6
| color1 = blue
| label2 = Competitiveness for Growth and Jobs
| value2 = 13.1
| color2 = yellow
| label3 = Global Europe
| value3 = 6.1
| color3 = brown
| label4 = Economic, Territorial and Social Cohesion
| value4 = 34.1
| color4 = red
| label5 = Administration
| value5 = 6.4
| color5 = green
| label6 = Security and Citizenship
| value6 = 1.7
| color6 = lightblue
}}

The European Union had an agreed budget of {{Euro|170.6}}&nbsp;billion in 2022. The EU had a long-term budget of €1,082.5 billion for the period 2014–2020, representing 1.02% of the EU-28's GNI. In 1960, the budget of the [[European Economic Community|European Community]] was 0.03 per cent of GDP.<ref>{{Cite book |last=David Smith. |first=David |url=https://archive.org/details/willeuropework0000smit |title=Will Europe work? |publisher=Profile Books |year=1999 |isbn=978-1-86197-102-9 |location=London}}</ref>

Of this, €54bn subsidised [[Common Agricultural Policy|agriculture enterprise]], €42bn was spent on [[Transport in the European Union|transport]], building and the environment, €16bn on [[Educational policies and initiatives of the European Union|education and research]], €13bn on welfare, €20bn on foreign and defence policy, €2bn in [[European banking union|finance]], €2bn in [[Renewable energy in the European Union|energy]], €1.5bn in communications, and €13bn in administration.

In November 2020, two members of the union, Hungary and Poland, blocked approval to the EU's budget at a meeting in the [[Committee of Permanent Representatives]] (Coreper), citing a [[Rule of Law Conditionality Regulation|proposal that linked funding with adherence to the rule of law]]. The budget included a [[COVID-19 pandemic|COVID-19]] recovery fund of {{Euro|750}}{{nbsp}}billion.<ref>{{Cite news |date=16 November 2020 |title=Hungary and Poland block EU coronavirus recovery package |url=https://www.politico.eu/article/hungary-and-poland-block-progress-on-e1-8-trillion-package/ |access-date=16 November 2020 |work=Politico}}</ref><ref>{{Cite news |date=16 November 2020 |title=EU budget blocked by Hungary and Poland over rule of law issue |url=https://www.bbc.com/news/world-europe-54964858 |access-date=16 November 2020 |work=BBC News}}</ref> The budget was finally approved by 12 December when Hungary and Poland withdrew their vetoes after further negotiations in the council and the [[European Council]].<ref>{{cite web |last1=Tidey |first1=Alice |last2=Chadwick |first2=Lauren |date=10 December 2020 |title=EU agrees €1.8 tr budget - but what brought Hungary & Poland onboard? |url=https://www.euronews.com/my-europe/2020/12/10/eu-s-1-8-trillion-budget-approved-after-hungary-and-poland-had-earlier-blocked-it |url-status=live |access-date=1 March 2025 |website=[[Euronews]]}}</ref>

Bodies combatting fraud have also been established, including the [[European Anti-fraud Office]] and the [[European Public Prosecutor's Office]]. The latter is a decentralized independent body of the European Union (EU), established under the [[Treaty of Lisbon]] between 22 of the 27 states of the EU following the method of [[enhanced cooperation]].<ref>{{Cite web |date=8 June 2017 |title=20 EU nations back plan for EU prosecutor's office |url=https://www.foxnews.com/world/20-eu-nations-back-plan-for-eu-prosecutors-office.amp |url-status=live |archive-url=https://archive.today/20200125093003/https://www.foxnews.com/world/20-eu-nations-back-plan-for-eu-prosecutors-office.amp |archive-date=25 January 2020 |access-date=25 January 2020 |publisher=[[Fox News]]}}</ref> The European Public Prosecutor's Office investigate and prosecute fraud against the [[EU budget|budget of the European Union]] and other crimes against the EU's financial interests including fraud concerning EU funds of over €10,000 and cross-border [[value added tax|VAT]] fraud cases involving damages above €10 million.