Commission proposes tripling of budget for managing migration and asylum

The European Commission on Wednesday proposed that the budget for managing migration, asylum and the European Union’s external borders be more than doubled to 33 billion euros, from 13 billion euros at present. The additional funds are to be used to finance the deployment of 10,000 border guards for the European border and coast guard up until 2027, up from 1,500 at present.

It has also proposed a new special fund for defence as part of the EU budget for 2021-2027.

This is seen as a particularly important development for Greece and its continued financial support for handling migration pressures and for policing the external borders.