The new European Commission is preaching a radical reform of the European multiannual budget: getting by on an EU budget of just 1 percent of European income is no longer an option. Member states will only get cash if they also implement reforms.
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The new European Commission is preaching a radical reform of the European multiannual budget: getting by on an EU budget of just 1 percent of European income is no longer an option. Member states will only get cash if they also implement reforms.
The budget of the European Union (EU) is to be increased from 2028, according to a European Commission document published on Wednesday, which urges Member States to quickly agree on funding options.
The European Commission is calling for an increase in the EU budget from 2028. In a document published on Wednesday, it calls on Member States to reach rapid agreement on possible sources of funding.