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The EU uses its long-term budget to fulfill commitments with stable and predictable funding. This budget outlines priorities for the next seven years, investing in projects that benefit regions, cities, farmers, businesses, and young people. Unlike national governments, the EU cannot run a deficit. Funding comes from member state contributions, import duties, fines on companies, and other sources. The budget impacts everyday life through initiatives like building transport systems, securing borders, disaster relief, and research collaboration.
