In a deal with member states reached on Saturday, 16 November, Parliament managed to defend an ambitious EU budget for next year, making sure it addresses current challenges and improves citizens’ lives.

First annual budget following the revision of the EU's long-term financial framework

In February 2024, during the revision of the EU's long-term budget, Parliament secured substantial increases for key priorities, such as support for Ukraine, additions which MEPs were able to maintain for 2025’s budget. They also ensured the financing of the repayment costs for the European Recovery Instrument (EURI), which are almost twice the amount initially forecast for 2025, while at the same time protecting funding for essential programmes like Erasmus+ or research.

Parliament secured additional funding for EU programmes

MEPs also obtained further funding for essential programmes in the 2025 annual budget. They successfully negotiated an additional €230.7 million beyond the Commission's initial draft proposal, focusing on key initiatives including research, health, education, young farmers, coordination of social security schemes, crisis response to natural disasters, climate action, humanitarian aid, military mobility and border management. On top of this extra funding, major increases sourced from previous savings will benefit the 2025 budget, including €422 million for Erasmus+ and €20 million for Horizon Europe.

Find the details of the deal

The 2025 budget was adopted with 418 votes to 185 and 67 abstentions. Council already endorsed the deal on 25 November.