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Archived edition: November 12, 2026. Return to the latest homepage →
THURSDAY, NOVEMBER 12, 2026EUROPEAN EDITIONEdition archive →
EU BUDGET

EU negotiators agree 2027 budget with €199.7 billion in commitments

The Council and Parliament still need to formally approve the agreement reached on November 11.

The Council and European Parliament reached agreement on the EU’s 2027 budget on November 11. The deal sets commitments at €199.7 billion and payments at €211.5 billion for the final year of the bloc’s current seven-year spending framework.

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Original conceptual illustration of the agreed 2027 EU budget commitments and payments
Original Europe Times illustration of the 2027 EU budget agreement. Formal approval is still pending; figures are commitments and payments, respectively.
EU negotiators agree 2027 budget with €199.7 billion in commitments

The Council and Parliament still need to formally approve the agreement reached on November 11.

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