US EditionThe European Union’s 2026 Budget
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The European Commission has already advanced the orientation of the next multiannual budgets, which is yet to be defined, will aim to set up a European Competitiveness Fund to support strategic sectors, or introduce new sources of funding to make the budget more sustainable.The European Union creates its own budgets, a multiannual roadmap, also known as multi-annual financial frameworks (MFFs), which set the maximum expenditure that can be made …
The European Union’s 2026 Budget
Written by Sidonia Mazur, updated on 12 June 2025 On 4 June 2025, Piotr Serafin, Commissioner for Budget, Anti-Fraud and Public Administration, presented the Commission’s draft budget for 2026 to the Members of the Parliament’s Committee on Budgets. The proposal sets the 2026 EU budget commitments at €193.26 billion, complemented by €105.32 billion under NextGenerationEU. The Commission underlined that the ‘next year’s draft budget is designed t…
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