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EU's Long-Term Budget: Parliament Refuses to Lower Its Ambitions

Parliament wants about 10% more funding for defense, competitiveness and cohesion, while member states seek a 2% cut, officials said.

  • On Saturday, October 10, the Irish Presidency will release a new negotiating package aimed at breaking the deadlock over the EU's 2028–2034 budget, as both the Council and Parliament must approve the long-term framework.
  • A so-called 'frugal' bloc led by Germany demanded hefty cuts, with Chancellor Friedrich Merz stating Monday that avoiding a new framework is 'by far the most financially advantageous solution for Germany,' while Parliament called for approximately 10 percent budget growth in April.
  • Commission President Ursula von der Leyen warned MEPs on Tuesday in Strasbourg: 'I would like to caution against large cuts. It would risk cutting deep into critical priorities,' as 17 Southern and Eastern European nations demanded maintenance of farm subsidies and cohesion spending.
  • During a Tuesday press conference, rapporteur Siegfried Muresan signaled compromise remains possible, saying 'there is still time' to avoid unjustified cuts, though he conceded member states refuse higher contributions.
  • Parliament's proposed new revenue streams—including digital services and crypto-asset taxes—aim to fund budget growth without raising member state contributions, while Muresan emphasized member states' budgets grew 68 percent over seven years despite the EU's barely increasing from 1.14 to 1.15 percent of gross national income.
Insights by Ground AI

56 Articles

Lean Right

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.

·Vienna, Austria
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Lean Right

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

·Spain
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Right

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 …

Left

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.

·Syrian Arab Republic (the)
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Hospodárske Noviny broke the news in Bratislava, Slovakia on Tuesday, October 6, 2026.
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