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Council and Parliament agree on increased EU budget

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Published: February 6th, 2024,
Last updated: May 28th, 2025

The EU’s new medium-term financial framework is in place.

Negotiators from the European Parliament and member states reached an agreement on changes to the EU’s medium-term financial framework (MFF) on Tuesday evening. The outcome closely follows the compromise reached by heads of state and government in the European Council. The Parliament had demanded significantly higher additional spending but was unable to prevail.

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