5 Minute News

Salaries and Allowances of MEPs: An Analysis of Their Financial Benefits

February 23, 2026

The salaries and allowances of Members of the European Parliament (MEPs) are frequent topics of discussion, particularly in relation to European funding. Since July 2009, MEPs have been compensated under a revised system aimed at transparency. The gross monthly salary is approximately €11,255.26, while the net amount after taxation is around €8,772.70. MEPs also receive daily allowances and pay hotel expenses from their salaries. Their financial compensation, along with accommodation costs, highlights the need for oversight and transparency in their funding.