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The 2027 annual EU budget will be the last one under the current multiannual financial framework (MFF), which covers the period from 2021 to 2027. The European Parliament is contributing to the preparation of next year's budget through a set of guidelines, and the Commission will adopt the draft 2027 budget in early summer. The draft guidelines, as adopted by the Committee on Budgets (BUDG) on 5 March 2026, express Parliament's commitment to deliver for people, the economy and the planet. Parliament ...

On 8 December 2025, the European Parliament and the Council reached a provisional agreement on the 2023 Commission proposal for a regulation on the production and marketing of forest reproductive material (FRM). The new regulation would replace the current FRM Council Directive and widen its scope to include not only FRM for forestry purposes but also the FRM for conservation of forest genetic resources. The proposal would introduce a requirement for the basic material harvested for FRM production ...

This digest provides a collection of documents prepared by the academia, think tanks, other EU institutions and bodies, as well as stakeholders that can be useful for Members of the European Parliament’s Committee on Budgets to stay informed about the debate concerning the next Multiannual Financial Framework, starting in 2028. The document is produced monthly by the Budgetary Support Unit of DG BUDG and the European .

Russia's war on Ukraine has been a wake-up call for many EU Member States in terms of defence budgets. Rising from €218 billion in 2021 to an expected €381 billion in 2025, there are significant regional spending differences.

The European Union, as a subject of public international law acting within the limits of its competences conferred upon it by the Member States, may enter into international agreements with third states and international organisations. If such an agreement falls within the exclusive competence of the EU, for instance, in the area of the common commercial policy, it is concluded, on the EU side, only by the EU but not by its Member States. If it falls within areas of shared competence, it is concluded ...

This EPRS paper analyses how the European Commission is delivering on the policy agenda set by its President, Ursula von der Leyen, and her College of Commissioners since taking office in December 2024. It provides an initial assessment of the delivery of the agenda's seven priorities as of spring 2026. The von der Leyen II Commission has set seven priorities – different from the six priorities of her first mandate. It has so far announced close to 400 initiatives. Half of these initiatives fall ...

Portugal is set to receive €21.9 billion in grants and loans from the Recovery and Resilience Facility (RRF), the EU response to the crisis triggered by the COVID 19 pandemic. This amount corresponds to 2.9 % of the entire RRF, or 10.2 % of Portugal's 2019 gross domestic product (GDP), and includes RRF grants (€15.5 billion), RRF loans (€5.6 billion), REPowerEU grants (€0.7 billion) and Portugal's share (€0.1 billion) from the Brexit Adjustment Reserve. This is the result of the latest revision of ...

The EU4Health, the EU's largest ever health programme in monetary terms, running from 2021 until 2027, has a dedicated budget, specific objectives and includes the possible eligible actions. The interim evaluation of the Programme found that it has invested significantly to directly support health promotion and disease prevention. The COVID-19 crisis highlighted the importance and the potential of the EU health policy, leading to the adoption of the EU4Health Regulation and the Health Union package ...

This briefing provides an overview of the economic, financial, and monetary implications of US tariffs for the EU over the past year, as of the cut-off date of 25 February 2026. Given the high level of uncertainty, the analysis presented assumes a continued implementation of the EU-US framework agreement. The briefing and the analysis presented were prepared prior to the recent U.S. and Israeli airstrikes on Iran, and therefore do not take into account any subsequent market volatility or change in ...