News article
European Commission Proposes EU Budget for 2021-2027
03/05/2018
Commission publishes details of long-term EU budget for the 2021-2027 period.
The European Commission has proposed a long-term budget of €1,135 billion in commitments over the period from 2021 to 2027, equivalent to 1.11% of the EU27's gross national income. In real terms, the future long-term budget for 2021-2027 is broadly similar to the one for the current period 2014-2020, taking into account the inclusion of the European Development Fund, which will be integrated in the EU budget from 2021.