17 Nov 2025
Council and Parliament reach agreement on EU budget for 2026
The Council and the European Parliament reached an agreement on the EU budget for 2026. Next year’s budget will focus on delivering Union priorities and dealing with ongoing challenges. It will boost competitiveness, strengthen Europe’s defence readiness and preparedness, provide support for humanitarian assistance and address migratory pressures.
The 2026 budget amounts to €192.8 billion in total commitments and €190.1 billion in total payments. €715.7 million have been kept available this year under the expenditure ceilings of the current Multiannual Financial Framework for 2021-2027, allowing the EU to react to unforeseeable needs. Around €13 billion has been agreed for Horizon Europe.