On Wednesday 4 June, the European Commission presented its budget proposal for 2026, amounting to €193.26 billion in commitment appropriations. Last year, the proposed envelope was €199.7 billion (see EUROPE B13435A5).
To this budget will be added an estimated €105.32 billion for disbursements under Next Generation EU, the EU’s post-pandemic instrument.
While total commitment appropriations are lower than in 2025, the draft budget for 2026 includes “stable and predictable...