An agreement has been reached in the dispute over the European Union budget for 2020, diplomats and members of the European Parliament said on Monday evening.
Government officials from the 28 member states and lawmakers have agreed to provide around 153.6 billion euros (170 billion dollars) in disbursements next year.
Additional money should be provided, among other things, for climate change, the fight against youth unemployment and digitization.
"The 2020 EU budget is about continuity," German EU Commissioner Guenter Oettinger was quoted as saying in a statement.
"It will channel resources to where the needs are. It will help create jobs, address climate change, and leverage investments all over Europe. It will invest in young people and in making Europe more secure," Oettinger added.
Funds to support candidate country Turkey are being cut by around 85 million euros compared to the original plans, lawmaker and parliamentary rapporteur Monika Hohlmeier told dpa.
Given the situation in the country in areas such as the rule of law and the freedom of the press, the budget should only provide money for civil society, the Erasmus exchange programme and provision for Syrian refugees there.
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