EU Council and Parliament reach 2027 budget deal
The Council and the European Parliament have reached agreement on the EU's 2027 annual budget, the seventh and final yearly budget under the current multiannual financial framework for 2021-2027. The deal sets the Union's spending plan for next year and is designed to support agreed policies and programmes while preserving room to respond to unforeseen circumstances. The 2027 budget is set at EUR 199.7 billion in total commitments and EUR 211.5 billion in total payments. EU officials said the budget will help the bloc cope with ongoing crises and challenges, including those in Ukraine and the Middle East, while also... [Continue Reading]
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