According to CoinMeta, the European Council issued a communiqué on the 11th, announcing an agreement with the European Parliament regarding the EU's annual budget for 2027, with a proposed total allocation of 211.5 billion euros. This budget will ensure the implementation of established policies and projects and enhance the ability to respond to ongoing crises such as those in Ukraine and the Middle East. According to relevant procedures, both the European Parliament and the European Council need to formally approve the aforementioned agreement within 14 days. 2027 is the last year of the EU's financial framework from 2021 to 2027, and the EU is currently negotiating a new financial framework for 2028 to 2034, proposing a long-term budget plan of nearly 2 trillion euros, with a focus on supporting areas such as security, defense, and competitiveness. However, there are still disagreements among member states regarding the overall budget size and the allocation of funds.