There is a growing perception that arguments favouring security are gaining ground in the aid narrative and that aid allocation is changing accordingly. This work explores the extent and features of such shifts in the particular case of the EU.We observe the evolution of development paradigms (social development, sustainable development, and security) and aid motives (solidarity, common interests, and self-interest) in the aid discourse. This is done by means of content analysis of strategic aid documents of a selection of European donors (the EU institutions, the Netherlands, the UK, Germany, France, Sweden and Spain). We then explore the eventual shift in the aid budgets of those same donors.In line with previous work on EU aid securitization, we find evidence of securitization in both narratives and aid flows. However, such trend is far from homogeneous, showing the complexity and diversity within the Union. There is practically no evidence of securitization in the EU institutions, Spain and Sweden. We find mixed evidence for the Netherlands, Germany and France (where narratives and flow changes towards securitization do not necessarily match) and, finally, a significant shift in the UK, where aid narratives and aid flows have been significantly securitized.