Agreement Reached on EU Budget for 2027
17 Articles
17 Articles
The European Commission welcomes the agreement reached by the European Parliament and the EU Council on the Union budget for 2027, the last of the current multiannual financial framework 2021-2027. The budget provides for total commitments of EUR 199.7 billion, including EUR 75.7 billion for cohesion and resilience, EUR 57.1 billion for agriculture and the environment and EUR 3 billion for security and defence. The document also includes financi…
The member states of the European Union agreed on the EU budget for 2027 on Wednesday. The budget is expected to cover almost EUR 200 billion next year, ensuring that already agreed projects and programmes can be implemented.
The sum for next year amounts to 199.7 billion euros in total commitments and 211.5 billion euros in total payments
After negotiations until the early morning, the EU Parliament and the Member States agreed on the budget for 2027. Positions are still far apart in the dispute over the framework for 2028 to 2034.
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