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Economic and Financial Affairs Council (Budget), 14 November 2025
Main results
The Council and the European Parliament have agreed on the EU’s annual budget for 2026.
The 2026 budget amounts to €192.8 billion in total commitments and €190.1 billion in total payments.
€715.7 million has been kept available this year under the expenditure ceilings of the current multiannual financial framework for 2021-2027, allowing the EU to react to unforeseeable needs.
Today’s agreement shows that Europe can deliver, even in challenging times. The 2026 EU budget will allow us to deliver on our common priorities – security, competitiveness and border control – all while ensuring that the EU can react swiftly and effectively to unforeseen needs and crises.
Nicolai Wammen, Minister for Finance of Denmark and chief Council negotiator for the 2026 EU budget
The European Parliament and the Council now have 14 days to formally approve the agreement reached. The Council is expected to endorse it on 24 November. Adoption of the budget requires a qualified majority within the Council.
