25 Nov 2024
Council approves EU budget for 2025
The Council of the European Union approved the joint text on the EU’s general budget for 2025 on 25 November 2024. The joint text was agreed in negotiations with the European Parliament on 16 November 2024.
Total commitments are set at €192.768,6 million and the total payments at €149.615,7 million, excluding appropriations foreseen for special instruments outside the multiannual financial framework for 2021-2027 (MFF). €800,5 million have been kept available this year under the expenditure ceilings of the current MFF, allowing the EU to react to unforeseeable needs. The EU budget for 2025 amounts to € 199.438,4 million in total commitments and €155.209,3 million in total payments when including the appropriations foreseen for special instruments outside the MFF.
The adoption of the budget will be declared by the European Parliament once it has also approved the joint text. The European Parliament and the Council both have 14 days to formally approve the agreement reached on 16 November 2024.
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