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2026 European Union budget

SUMMARY OF:

Definitive adoption (EU, Euratom) 2026/72 of the European Union’s annual budget for the financial year 2026

WHAT IS THE AIM OF THE ACT?

This act marks the adoption of the European Union (EU) budget for 2026 by the European Parliament and the Council of the European Union.

The budget is set at €192.8 billion in spending commitments1 and €190.1 billion in payment2 credits.

KEY POINTS

The budget mobilises significant public funds to enable the EU to:

  • deliver on its political priorities, including competitiveness, defence and security;
  • strengthen the European defence industrial base, notably through the new European defence industry programme;
  • continue to provide financial support to Ukraine;
  • address the high volume of payment obligations from commitments made earlier in the 2021–2027 funding cycle;
  • continue financing flagship programmes, such as Horizon Europe and Erasmus+.

The main areas of expenditure are the following.

Commitments (million €) Payments (million €)
Single market, innovation and digital 22 163.0 23 336.6
Cohesion, resilience and values 71 649.8 73 166.7
Economic, social and territorial cohesion 56 594.0 58 298.1
Resilience and values 15 055.8 14 868.5
Natural resources and the environment 56 529.4 52 577.3
Market-related expenditure and direct payments 40 011.3 39 958.1
Migration and border management 5 018.9 3 887.9
Security and defence 2 813.5 2 253.3
Neighbourhood and the world 15 600.0 16 569.7
European public administration 13 277.5 13 277.5
Thematic special instruments to enable the EU to mobilise the necessary funds to react to unforeseen events 5 715.9 5 022.5
Total appropriations 192 768.1 190 091.6

The budget identifies the following specific priority commitments.

Single market, innovation and digital

Cohesion, resilience and values

Natural resources and the environment

Migration and border management

Security and defence

Neighbourhood and the world

European public administration

  • €10 billion – administrative expenditure of the institutions.

Thematic special instruments

FROM WHEN DOES THE ACT APPLY?

It has applied since .

BACKGROUND

The 2026 budget is the sixth under the EU’s 2021–2027 long-term budget, the multiannual financial framework. This framework provides for €1.211 trillion in current prices of EU funding over seven years. It is complemented by NextGenerationEU, a temporary recovery instrument financed through borrowing on the capital markets to support the post-pandemic recovery of EU Member States.

For further information, see:

KEY TERMS

  1. Commitments. Total volume of contractual obligations for future payments that can be made in a given year.
  2. Payments. The actual money paid in a given year to cover the commitments of the current and previous years.

MAIN DOCUMENT

Definitive adoption (EU, Euratom) 2026/72 of the European Union’s annual budget for the financial year 2026 (OJ L, 2026/72, ).

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