European Union reaches agreement for 2027 Budget of nearly 200 billion euros

The European Council and Parliament have agreed on the EU budget for 2027, setting commitment appropriations at 199.7 billion euros and payment appropriations at 211.5 billion euros. The budget prioritizes territorial cohesion, economic resilience, and community values, with specific allocations for natural resources, digital innovation, migration control, and defense. Formal validation is expected with a Council review on 23 November and a final vote in the European Parliament on 24 November.

Diário de Notícias· 12h agoRead original ↗

Useful?

This update is from Bica

Your quick shot of what's changing in Portugal and affecting your status, your home, your money, and whatever might disrupt your day. Short and clear updates, gathered from Portuguese sources.

It's free, with no signup and no app to download.

Read today’s briefing

Related updates

Economy

From the attack on sovereignty to arms spending: how parties view the European Union budget

The European Council, currently under the Irish presidency, is preparing a negotiation proposal for the EU's 2028-2034 budget. Negotiations are reaching a critical phase, with the aim of reaching an agreement by the end of 2026 to avoid political complications during the election-heavy year of 2027. Key debate topics include funding for defense and competitiveness, the potential for new EU-wide resources such as taxes on non-recycled goods or tobacco, and the application of conditionality clauses similar to those used in the PRR.

Correio da Manhã· 1mo agoRead original ↗

Useful?

Economy

Moedas, president of the Committee of the Regions, and 20 mayors oppose cuts to the European Union budget

The Mayor of Lisbon, the president of the European Committee of the Regions, and mayors of other European capitals have written to the EU Council to oppose proposed budget cuts for the 2028-2034 Multiannual Financial Framework. They argue that reducing the budget would threaten investment in areas like housing, climate resilience, and transport, and that the financial impact of any cuts should be made transparent before decisions are finalized.

Correio da Manhã· 1mo agoRead original ↗

Useful?

Economy

8% cuts. New proposal for the EU budget reduces spending in almost all European policies

A new proposal for the European Community budget suggests an 8% reduction in spending across most policy areas. Both countries favoring cohesion funding and 'frugal' member states seeking deeper cuts have expressed dissatisfaction with the plan, and the European Parliament has rejected it as unacceptable.

RTP· 1mo agoRead original ↗

Useful?

Practical alerts

See all →

Media-reported alerts

Pingo Doce to close stores this Wednesday · Diário de Notícias · 23h ago
⛈️
Major Lisbon roads restricted due to Storm Charles · The Portugal News · 6h ago
+1 more report
- Storms in Portugal cancel flights in Lisbon and Faro · The Portugal News
Uber Eats delivery service suspended in different parts of the country · Expresso · 7h ago
Speed limit reduced to 60 km/h on 25 de Abril Bridge and 80 km/h on Vasco da Gama · Correio da Manhã · 7h ago

Live official alerts

Yellow rough sea warnings, Wednesday to Thursday
yellow warningIPMA· Lisbon area +2· until 03:00
CP has cancelled the RENFE strike in the North and Porto area from Tuesday 10 November until Thursday 12 November.
CP· Porto area +1· until 12 Nov

See all live official alerts

About Bica

Your quick shot of what's changing in Portugal and affecting your status, your home, your money, and whatever might disrupt your day. Short and clear updates, gathered from Portuguese sources.

It's free, with no signup and no app to download.

More about Bica →

Feedback and corrections are welcome: hello@bica.now