1 minute read / November 11, 2026
The Commission welcomes the agreement reached 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 annual EU budget for 2027 allocates the following amounts to the various EU priorities:
