The European Council and Parliament finalized a deal for the EU’s 2025 budget after extensive negotiations, comprising commitments of €192.77 billion and payments of €149.62 billion. The budget prioritizes key EU policies while keeping €800.5 million available for unforeseen needs. It allocates funds across various sectors, including innovation, resilience, and security. The agreement awaits formal approval by November 25, reflecting a balanced approach to fiscal responsibility and addressing potential challenges in 2025, including disaster recovery funding.