EU Agrees on €3.1 Billion Defense and Security Budget for 2027
The European Parliament and Council of the European Union agreed on a 2027 budget that includes support for Ukraine through two funding mechanisms.
The European Parliament and Council of the European Union agreed on the EU’s 2027 defense and security budget, reported at €3.1 billion. The budget includes support for Ukraine through the Ukraine Support Loan and the Ukraine Facility.
Key details
- Ukraine Support Loan funding is reported at €650 million for 2027.
- The 2027 budget is the final annual budget under the EU’s current Multiannual Financial Framework, which precedes a new framework covering 2028–2034.
The 2027 budget includes €650 million for Ukraine Support Loan funding.
Why it matters
The budget sits at the end of the current EU spending framework. The next framework covers 2028 through 2034.
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