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The Next European Union Budget Is Being Negotiated
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A majority of MEPs voted on Tuesday to increase the EU's budget for the next seven years by €200 billion, compared with the proposal put forward by the European Commission last summer. The budget is due to enter into force at the beginning of 2028 and will run until 2034. The Commission's proposal was for around €1.8 billion, but the budget will exceed €2 trillion if the Parliament's version is adopted. However, the Parliament's vote on Tuesday …
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