EU Agrees Its 2027 Budget for €199.7 Billion
8 Articles
8 Articles
The Council of the EU and the European Parliament have reached an agreement on the European Union budget for 2027. It provides for €199.7 billion in commitments and €211.5 billion in payments. This will be the last annual budget under the 2021-2027 multiannual financial framework. €710.1 million remains under the ceilings of the current financial framework. The funds can be used in case of unforeseen circumstances and new needs next year. Which …
Cohesion items, resilience and values concentrate the largest share of the money, in a budget that still provides EUR 650 million to support Ukraine.
Total commitment appropriations for 2027 amount to EUR 199.7 billion, while payment appropriations amount to EUR 211.5 billion.
The European Parliament, the Council and the European Commission reached an agreement on the European Union budget for 2027, following negotiations during the night. The European Parliament, Mr Siegfried Mureșan, announces that EUR 300 million in addition to the European Parliament's priorities, money covering areas of importance to Romania, has been obtained.
This is the seventh and last within the Multiannual Financial Framework 2021-2027 and amounts to €199,7 billion in total commitments and €211,5 billion in total payments
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