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What's in the EU's Two-Trillion-Euro Budget Bazooka?

Summary by France24
EU members got their first chance on Friday to debate the bloc's two-trillion-euro budget bazooka, laying bare divisions among the 27 capitals over the spending plans for 2028-2034.

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What's in the EU's two-trillion-euro budget bazooka?

EU members got their first chance on Friday to debate the bloc's two-trillion-euro budget bazooka, laying bare divisions among the 27 capitals over the spending plans for 2028-2034.

·France
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France defends €2 trillion EU budget amid skepticism from other countriesFrance supports the European Commission's proposal for an EU budget for 2028-2034 of almost €2 trillion, citing threats from Russia. Germany, Austria, Finland, Sweden and the Netherlands consider such spending excessive and demand a more frugal approach.

·Kyiv, Ukraine
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The authors work for the Euractiv.sk portal Increasing the European budget to two trillion euros looks impressive, but in terms of the size of the economy it is almost the same. The Commission has poured much more money into supporting companies. 1. The new European budget is ambitious only on paper Increasing the euro budget from one trillion euros to two looks impressive, but in terms of the size of the economies it is […]

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Augsburger Allgemeine broke the news in on Thursday, July 17, 2025.
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