The European Commission's contribution to the Informal Leaders' meeting on 23 February 2018

Every seven years, the Union decides about its future finances. This is a time for Leaders to commit financially to the kind of Union they want. This is always an important moment. But it is doubly vital at a time when Europe is in the midst of a fundamental debate on how the Union should evolve in the years to come. We now have an opportunity to choose the Europe we want and to decide on a budget that helps us build it.

The Informal Leaders' meeting on 23 February is therefore both timely and essential. The first step is to define what Europe wants to do together and agree on priorities. The second is to equip the Union with the means to act. The two are inseparable. The choices we make on priorities and where we want the Union to be active will shape the type of budget we need. The EU budget is a means to achieve our political goals.