EU Agrees 2027 Budget: EUR 199.7 Billion in Commitments and EUR 211.5 Billion in Payments for the Final Year of the Financial Framework
The Council of the European Union announced on November 11 that Council and European Parliament negotiators had reached agreement on the EU budget for 2027, setting commitment appropriations at EUR 199.7 billion and payment appropriations at EUR 211.5 billion. It is the seventh and final annual budget under the EU's 2021-2027 multiannual financial framework.
The budget will fund the bloc's priorities, including strengthening defence, migration management and competitiveness, and continued support for Ukraine.
The agreement still needs formal adoption: the European Parliament and the Council will each vote within 14 days, with the Council's first reading expected on November 23, after which the budget will enter into force.
(Source: Council of the European Union)
Source: Council of the European Union
Published by GSM · USA (original Chinese edition)
Photo: 图：位于布鲁塞尔的欧盟委员会总部贝尔莱蒙大厦。CC BY 4.0，经 Wikimedia Commons。 / Photo: The Berlaymont building, headquarters of the European Commission in Brussels. CC BY 4.0, via Wikimedia Commons.
