The Council and the European Parliament have secured agreement on the EU’s annual budget for 2027 – the seventh and final annual budget of the current multi-annual financial framework (MFF) 2021-2027.
The agreement ensures next year’s budget will be at a level appropriate for implementation of agreed EU policies and programmes. It safeguards the EU’s ability to cope with ongoing crises and challenges, such as those in Ukraine and the Middle East. It will also allow the EU to deal with unforeseen circumstances.
The 2027 budget amounts to €199.7 billion in total commitments and €211.5 billion in total payments. €710.1 million has also been kept available this year under the expenditure ceilings of the current MFF, allowing the EU to react to unforeseeable needs.
2027 EU budget (in € million)
| Headings | Commitments | Payments |
| Single market, innovation and digital | 22,007.5 | 22,850.5 |
| Cohesion, resilience and values | 75,764.9 | 81,849.9 |
| Natural resources and environment | 57,113.4 | 61,278.4 |
| Migration and border management | 5,811.6 | 3,878.8 |
| Security and defence | 3,078.5 | 2,230.7 |
| Neighbourhood and the world | 15,537.9 | 16,660.6 |
| European public administration | 13,869.7 | 13,869.7 |
| Ukraine support loan | 650.0 | 650.0 |
| Special instruments | 5,874.1 | 8,257.2 |
| Total | 199,707.5 | 211,525.8 |
| Appropriations as % of GNI (gross national income) | 0.99% | 1.05% |
Commitments are legal promises to spend money on activities whose implementation extends over several financial years. Payments cover expenditure arising from commitments made for the EU budget during current and preceding financial years.
The European Parliament and the Council now have 14 days to formally approve the agreement reached. The Council is expected to endorse it on 23 November. Adoption of the budget requires a qualified majority within the Council.
