The European Parliament and Council have reached a provisional deal on the 2026 EU Budget totaling €192.8 billion, with additional funding secured for research, infrastructure, agriculture, environment, response capabilities, and geopolitical crises. Key increases include €20 million for Horizon Europe, €23.5 million for transport and energy networks, and €10 million for civil protection mechanisms and military mobility. The deal aims to enhance competitiveness, address defense challenges, and improve overall quality of life. The budget still needs formal endorsement by the Council and Parliament.