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Agreement on 2019 EU Budget incorporates many BMF elements  Löger: Key savings have been successfully implemented.

With the General Affairs Council having given its blessing on Tuesday to the political agreement on the 2019 EU Budget, today the European Parliament also formally gave its approval. As a result, the 2019 EU Budget has been definitively adopted.

Löger: "In the 2019 EU Budget, our focus on subsidiarity is clearly evident. We are strengthening those major areas which require European cooperation, while at the same time ensuring that the budgetary framework is not overstretched for the sake of measures which can be better dealt with at a national level. As a result, there is more money for measures of cooperation on matters of migration and security as well as for the creation of growth and jobs in Europe. At the same time, there will be savings through the avoidance of duplication and excessive administrative expenditure."

In 2019, payment appropriations will total EUR 148.2 billion. Total commitments amount to EUR 165.8 billion. Austria's contribution to this will be approximately EUR 3.2 billion, with a significant proportion of this amount flowing back into Austria.

In this context, the Council, chaired by Austrian Finance Minister Hartwig Löger, has been able to implement numerous savings. For instance, contrary to demands from the European Parliament, payments from Member States for the migrant facility in Turkey have not been increased. At the same time, pre-accession aid for Turkey was reduced by approximately EUR 146.7 million in accordance with the Council's position. As a result, the only funds remaining are for the purpose of supporting civil society.

It has also been possible to ensure that the controversial Article 15 (3) of the Financial Regulation, concerning reactivation of expired subsidies, will not be applied.

In the area of administration too, significant savings have been achieved; in comparison with the proposal made by the European Commission in May, the forecast for personnel expenditure has been revised downwards by EUR 20.1 million. In addition, savings of approximately EUR 5 million have been achieved in relation to buildings and similar expenditure.