EU budget for 2027: MEPs and member states reach agreement

News Tank Academic - Brussels - News #460392 - Published on 11/11/26 at 10:02
©  D.R.
©  D.R.

MEPs and member states have reached agreement on the EU budget for 2027.

The European Parliament and the Council of the EU agreed on €13.7bn for research and innovation, including €12.8bn for Horizon Europe, alongside a separate allocation of €4.5bn for Erasmus+, on 10/11/2026

The total commitments and total payments for the 2027 budget amount to €199.7bn and €211.5bn, respectively. An additional €710.1 million has been made available under the expenditure ceilings of the current MFF this year, enabling the EU to respond to unforeseen requirements.

The European Commission had proposed €12.839bn for Horizon Europe and €4.511bn for Erasmus+, as part of a total budget of €191.878bn. The Council of the EU, in its position adopted on 15/07/2026, proposed lower allocations, namely €12.6 bn for…

©  D.R.
©  D.R.

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