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EU Needs New Revenue as Debt Piles Pressure on Budget

The economy faces mounting pressure from hundreds of billions of euros borrowed to support households and businesses during the Covid pandemic.

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The growing indebtedness of the EU could lead to a major deficit in the next seven-year budget of the bloc if governments fail to agree on new sources of revenue, the auditors warned.

·Mexico City, Mexico
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According to the survey of the research company born from the collaboration between SWG and OpinionWay, the Commission's proposal to create new revenue for common pockets likes in Italy and Spain

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Eunews broke the news on Wednesday, October 7, 2026.
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