EU's Long-Term Budget: Parliament Refuses to Lower Its Ambitions
Parliament backed a budget about 10% above the Commission plan and pressed for new revenue sources as member states sought 2% cuts.
- On Saturday, October 10, the Irish Presidency will present a new negotiating package for the 2028–2034 EU budget, requiring approval from both the Council and Parliament to resolve the spending impasse.
- A bloc of 'frugal' countries led by Germany demands budget cuts, while 17 Southern and Eastern Europe states signed a letter last week defending farm subsidies and cohesion spending, deepening political strain.
- European Commission President Ursula von der Leyen warned Tuesday that large cuts risk critical priorities, while the Commission proposed a budget just under €2 trillion and Parliament seeks approximately 10 percent increase.
- German Chancellor Friedrich Merz stated on Monday that having no new financial framework is financially advantageous for Germany, while Parliament's rapporteur Siegfried Muresan warned they will not agree to a smaller budget.
- To fund the requested increase, Parliament proposed new revenue streams including a digital services tax and an extension of the Carbon Border Adjustment Mechanism as the bloc works toward securing Council and Parliament approval.
61 Articles
61 Articles
Guaranteed state income for farmers, debt collection via Eurobonds: some politicians of the otherwise so vehemently on a "sleep EU budget" poking right have remarkable ideas on the next financial framework of the Union for the years 2028 to 2034.
Budgetary negotiation enters its decisive phase with an open pulse between Spain and Italy and Germany and the Netherlands. More information: Macron's visit to Sánchez worries the 'frugals': six countries warn that they only accept cuts to the EU budget
Von der Leyen joins MEPs in defence of EU’s €2 trillion spending plan ahead of summit
“I would like to caution against large cuts. It would risk cutting deep into critical priorities that we all together have agreed on,” the EU Commission chief told MEPs during a speech in Strasbourg on Tuesday.
Von der Leyen warns against cuts to EU budget. European Commission President Ursula von der Leyen warned on Tuesday in the European Parliament in Strasbourg against making large cuts to the EU budget for 2028-2034. She assessed that these could hit key EU priorities that had been jointly agreed upon earlier. "Let me remind you that we are talking about a budget of 1.26% of the European Union's gross national income," von der Leyen said during a …
Today, Tuesday, European Commission President Ursula von der Layne criticized the substantial reductions Germany and other States are requesting in the next cluster budget, as compared to the project that the Commission had submitted last year.
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