European Parliament set out its position on EU’s 2027 budget

The European Parliament has set out its position on the EU’s 2027 budget, calling for stronger support for transport, energy, research, climate and agriculture in the final year of the current long-term budget cycle.

In a vote on Wednesday, MEPs proposed total commitment appropriations of €194 billion, a targeted increase of €1.17 billion compared with the European Commission’s original proposal. Commitments are legal promises to fund activities in the same year or in subsequent years. Parliament also set payment appropriations, covering actual payments to beneficiaries, at €203.3 billion.

To strengthen European competitiveness, innovation and cross-border connectivity, MEPs want to increase funding for transport and energy networks by €260 million, Horizon Europe by €63 million and support for small and medium-sized enterprises by €31.5 million. They also propose an additional €50 million for EU4Health and €96 million for Erasmus+.

Parliament aims to secure adequate financing for its priorities within existing budgetary constraints. MEPs also insist that growing repayment costs linked to the EU’s recovery plan must not reduce funding for key programmes such as Horizon Europe, Erasmus+ and civil protection.

The plenary vote opens a three-week negotiation period with the Council, which represents EU governments and adopted its position in September 2026. The first round of talks is expected to take place on 3 November, with both institutions seeking an agreement on the 2027 budget before the end of the year.

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