Text · Opinion parliamentary committee draft

On the draft general budget of the European Union for the financial year 2027

Document ECON-PA-787645 · 2026/XXXX(BUD)

Kind: Opinion parliamentary committee draft ECON-PA-787645
Date: 20 April 2026
Committee: Committee on Economic and Monetary Affairs
Rapporteur: Georgios Aftias

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Formats: Official page PDF Word
Subject matter: BUDG
Reference: 2026/XXXX(BUD)

Formats: Official page PDF Word
Subject matter: BUDG
Reference: 2026/XXXX(BUD)

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In short

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In short Written by AI from the official text — check the source · deepseek-flash · 25 Sept 2026

The Committee on Economic and Monetary Affairs sets out its opinion on the draft general budget of the European Union for the financial year 2027. It calls on the Committee on Budgets to incorporate its points into the resolution. It asks the 2027 budget to strengthen macroeconomic stability, complete the Single Market through the Savings and Investments Union, and treat Energy Union investments as part of that effort. It wants competitiveness boosted through simplification and fewer administrative burdens, with stable prices and sustainable public finances as prerequisites. It asks the budget to safeguard financial stability and social cohesion, follow the European Semester's recommendations, and support flexible use of cohesion policy instruments. It calls for economic and monetary sovereignty, faster structural reforms and more productive investment in defence and critical infrastructure, with national security interests considered for third-country participation.

Position. The Committee on Economic and Monetary Affairs calls on the Committee on Budgets to incorporate its points into the motion for a resolution on the 2027 budget. It proposes that the budget strengthen macroeconomic stability, complete the Single Market, boost competitiveness through simplification, safeguard financial stability and social cohesion, and support structural reforms and investment in defence and critical infrastructure.

Key points

The committee calls on the Committee on Budgets to incorporate its points into the motion for a resolution on the 2027 budget.
The 2027 budget must strengthen macroeconomic stability amid geopolitical uncertainty, keeping price stability and economic resilience as anchors of growth and investment.
The Single Market should be completed by advancing the Savings and Investments Union, reducing market fragmentation and improving access to financing.
Investments in the Energy Union, including interconnections, networks and renewable energy, should count as strengthening the Single Market and reducing strategic dependencies and inflationary pressures.
European competitiveness should be enhanced through drastic simplification and fewer administrative burdens, with stable prices and sustainable public finances as prerequisites.
Financial stability and social cohesion should be safeguarded, especially in sectors under pressure such as housing, energy and essential goods.
The EU's annual budget should take account of the European Semester's recommendations and support effective and flexible use of cohesion policy instruments.
The EU budget should contribute to strengthening the Union's economic and monetary sovereignty.
Structural reforms should be accelerated and productive investment increased in critical sectors such as defence and critical infrastructure, considering national security interests where third-country participation is involved.

Who is affected

The Committee on Budgets, which is asked to incorporate the opinion into its motion for a resolution.
Sectors under pressure such as housing, energy and essential goods, whose financial stability and social cohesion the budget should safeguard.
Critical sectors such as defence and critical infrastructure, which should receive more productive investment.

Figures and deadlines

2027, the financial year of the draft general budget.

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Opinion

The Committee on Economic and Monetary Affairs calls on the Committee on Budgets, as the committee responsible, to incorporate the following into its motion for a resolution:

1.Emphasises that the 2027 Budget must strengthen macroeconomic stability in an environment of geopolitical uncertainty, ensuring that price stability and economic resilience remain fundamental anchors of growth and investment;

2. Stresses the need to complete the Single Market, by advancing the Savings and Investments Union (SIU), reducing market fragmentation and improving access to financing;

3.Stresses that investments contributing to the Energy Union, including interconnections, networks and renewable energy, should be considered as part of strengthening the Single Market, reducing strategic dependencies and inflationary pressures, thereby supporting fiscal sustainability;

4. Highlights the need to enhance European competitiveness through drastic simplification and reduction of administrative burdens; underlines that stable prices and sustainable public finances remain key prerequisites for competitiveness and long-term prosperity;

5. Emphasises the importance of safeguarding financial stability and social cohesion, particularly in sectors facing pressures such as housing, energy and essential goods; Underlines that the EU’s annual budget should consider the European Semester’s recommendations and support effective and flexible use of cohesion policy instruments;

6. Reaffirms that the EU budget should contribute to strengthening the Union’s economic and monetary sovereignty;

7.Calls for accelerating structural reforms and increasing productive investment in critical sectors such as defence and critical infrastructure, while considering national security interests where third-country participation is involved.

Connections

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Sources & citation

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Permalink: https://news.eu-parl.st-solutions.dev/texts/ECON-PA-787645
Data source: EP Open Data API: document record
Licensed CC BY 4.0.
Retrieved: 25 September 2026

Cite as

European Parliament (2026). “DRAFT OPINION on the draft general budget of the European Union for the financial year 2027”. Text, 20 April 2026. docId ECON-PA-787645. EU Parl Watch Research. https://news.eu-parl.st-solutions.dev/texts/ECON-PA-787645 (retrieved 25 September 2026). Data: EP Open Data API: document record, https://data.europarl.europa.eu/api/v2/documents/ECON-PA-787645 (CC BY 4.0).

BibTeX

@misc{epw-text-econ-pa-787645,
  author = {{European Parliament}},
  title = {{DRAFT OPINION on the draft general budget of the European Union for the financial year 2027}},
  year = {2026},
  date = {2026-04-20},
  howpublished = {\url{https://news.eu-parl.st-solutions.dev/texts/ECON-PA-787645}},
  url = {https://news.eu-parl.st-solutions.dev/texts/ECON-PA-787645},
  urldate = {2026-09-25},
  publisher = {EU Parl Watch Research},
  note = {Text. docId ECON-PA-787645. Data: EP Open Data API: document record (CC BY 4.0)}
}