Council approves 2025 EU budget

The Council of the European Union announced on Monday that it has approved the joint text of the 2025 EU budget.

Commitments are set at EUR 192.8bn and payments at EUR 149.6bn in the text.

Péter Benő Bánai, a state secretary of the Finance Ministry of Hungary, which holds the rotating presidency of the Council of the EU, said the 2025 budget would allow the EU to focus on its priority areas while ensuring a prudent and realistic approach to spending taxpayers’ money.

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