The Commission welcomes the agreement reached last evening between the European Parliament and the Council of the European Union on the annual EU budget 2027. With the compromise on the final annual budget under the EU's 2021–2027 Multiannual Financial Framework, we are bringing to a close a programming period shaped by unprecedented crises, including a global pandemic, an energy crisis, rising inflation, the return of war to the European continent and conflict in the Middle East – all of which have reshaped Europe's economic and security landscape.
To step up to the challenge of the current geopolitical situation, the annual EU budget for 2027 includes major support to Ukraine, both through the Ukraine Facility and the Ukraine Support Loan . Support also continues for well-established priorities, including cohesion, agriculture, competitiveness, research and innovation, asylum and migration, security, defence, and the role of the European Union in the world.
The budget provides strong support to Member States and regions at a time when cohesion programmes are running at full speed, leading to a higher level of payments of €211.5 billion. This will provide targeted and reinforced funding for the Union's priorities in the areas of competitiveness, defence, affordable housing, water resilience, and energy transition. Funding for agriculture remains at a consistently high level as well, at times of high energy and fertiliser prices.
In the first full year of implementation of the Pact on Migration and Asylum, €1.1 billion in additional funding for migration management will be made available to Member States.
The annual EU budget for 2027 allocates the following amounts to the various EU priorities:
Policy Area |
Amounts committed (in EUR million) |
1. Single Market, Innovation and Digital |
22 007.5 |
2. Cohesion, Resilience and Values |
75 764.9 |
— Economic, social and territorial cohesion |
58 483.6 |
— Resilience and Values |
17 281.3 |
3. Natural Resources and Environment |
57 113.4 |
—Of which Market related expenditure and direct payments |
40 414.7 |
4. Migration and Border management |
5 811.6 |
5. Security and Defence |
3 078.5 |
6. Neighbourhood and the World |
15 537.9 |
7. European Public Administration |
13 869.7 |
Ukraine Support Loan |
650,0 |
Thematic special instruments |
5 874.1 |
Total appropriations |
199 707.5 |
Next steps
The annual budget for 2027 should now be formally adopted by the Council of the European Union and by the European Parliament. The vote in plenary, which will mark the end of the process, is currently scheduled for 24 November 2026.
Background
The annual EU budget for 2027 includes the expenditure covered by the appropriations under the long-term budget ceilings, financed from own resources. Two amounts for each programme are proposed in the Draft Budget, commitments and payments. "Commitments" refer to the funding that can be agreed in contracts in a given year, and "payments" to the money actually paid out. All amounts are in current prices.
The annual budget for 2027 is the last one under the current Multiannual Financial Framework (MFF). It will ensure financing for important EU programmes, in the run-up to the next long-term budget adoption, the MFF 2028-2034.
