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Draft amending budget No 1/2025 (DAB 1/2025) to the EU's 2025 general budget seeks to enter the €1.35 billion surplus from implementation of the 2024 budget as revenue into the 2025 budget. Including this surplus would lead to a corresponding reduction in Member States' gross national income (GNI) contributions to the 2025 budget. The European Parliament is expected to vote on the Council's position on DAB 1/2025 during the July plenary session.

As every year, two annual procedures are central to the budgetary work of the European Parliament and the other institutions – agreeing on the 2026 budget, and granting discharge for the implementation of the 2024 budget. In addition, in 2025, the process of agreeing the next multiannual financial framework (MFF) for the years from 2028 will also get under way. This timeline sets out the main steps in the three procedures up to end 2025.

This study seeks to provide a concise and succinct overview of the structure, key facts and figures, and rules and procedures of the EU budget, and informs on the latest developments in EU finances and budgeting. It aims to serve both as a reference guide for experienced EU budget actors and as a primer for newcomers to the EU budget. It continues an annual series of 'Outlooks' produced by the European Parliamentary Research Service (EPRS) over the past eight years. This study analyses the expenditure ...

The 2026 EU budget will be the second to last one under the current multiannual financial framework (MFF), which covers the period from 2021 to 2027. The European Parliament contributes to shaping proposals for the next year's European Union budget through a set of guidelines reflecting its stance. The draft guidelines, as adopted by the Committee on Budgets (BUDG) on 20 March 2025, express Parliament's commitment to building a resilient, sustainable and prosperous future for the EU. Parliament is ...

The EU's general budget for 2025 is scheduled for adoption during the European Parliament's November III plenary session. Parliament is due to vote on the provisional agreement reached with the Council on 16 November 2024 during budgetary conciliation; the Council has to approve the provisional agreement formally before Parliament puts it to the vote. The agreed 2025 budget sets commitment appropriations at €199.4 billion and payments at €155.2 billion, including special instruments.

During the October II plenary session, Parliament is expected to amend the Council's position on the draft EU budget for 2025. The Committee on Budgets (BUDG) voted to reverse all of the reductions the Council has made to the Commission's draft and proposes considerable increases in the 2025 budget for Parliament's priorities: investments tailored to improving people's lives, and boosting the Union's competitiveness and sustainability. It would set 2025 commitments at almost €201 billion and payments ...

The purpose of Draft Amending Budget No 2/2024 (DAB 2/2024) to the EU's 2024 general budget is to enter the €632.6 million surplus from implementation of the 2023 budget as revenue into the 2024 budget. Inclusion of the surplus will lead to a corresponding reduction in Member States' gross national income (GNI) contributions to the 2024 budget. The European Parliament is expected to vote on the Council's position on DAB 2/2024 during the October II plenary session.

The European Union Solidarity Fund (EUSF) helps EU countries overcome natural disasters. Parliament is scheduled to vote during the October I plenary session on a budgetary proposal to mobilise over €1 billion in EUSF funding for Italy, Slovenia, Austria, Greece and France, to deal with major flooding in 2023.

The annual EU (European Union) budget funds policies and programmes that are in line with the Union's political priorities and legal obligations; it must also respect the ceilings set by the EU's multiannual financial framework. The EU's financial year starts on 1 January and ends on 31 December. The European Parliament and the Council are the budgetary authority of the European Union. The two institutions, assisted by the European Commission, decide on the budget in the annual EU budgetary procedure ...

Pilot projects and preparatory actions (PPs and PAs) are tools in the EU budget designed to test new policy initiatives or prepare the ground for the adoption of future programmes. PPs and PAs give Members of the European Parliament (MEPs) the possibility to initiate innovative policies and fund them before a legal act has been adopted. The financing of both new PPs and PAs and those continued from previous years must be included in the EU budget under the annual budgetary procedure.