19 Days
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البيان
EU budget approval delayed by disagreements
The European budget negotiations for 2028-2034 are facing major disagreements over the level of spending, sources of funding, and priorities. In July 2025, the European Commission proposed a budget of two trillion euros focused on security, defense, and competitiveness, while continuing support for agriculture and cohesion policies. Meanwhile, the Parliament is demanding a 10% increase. Countries like Germany, the Netherlands, Austria, and five others are calling for reductions in spending, but no decision has been made yet. The German side opposes the current proposals, considering them unacceptable, despite sources indicating that over 30 billion euros annually could be generated from new revenues such as taxes on cryptocurrencies and digital fees. The Commission aims to finalize a flexible budget before the end of the year to ensure funding begins in January 2028, amid ongoing discussions on managing cohesion funds and supporting Eastern border regions affected by the war in Ukraine.
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