US Edition
Eu Lawmakers Back Blockbuster Long-Term Budget
- The European Parliament voted to demand an increase of nearly €200 billion for the next long-term EU budget, adopting the position with 370 votes in favor, 201 against, and 84 abstentions.
- Lawmakers rejected the European Commission's original budget proposal last year, instead calling for a 10-percent spending increase funded by taxing digital giants and gambling while keeping COVID-19 debt repayment outside the main framework.
- Romanian EU lawmaker Siegfried Muresan, who will lead negotiations, demanded a "strong" budget, stating, "The position of the European Parliament is clear: we believe we cannot do more with less."
- EU budget chief Piotr Serafin warned that a final deal must be completed by the end of 2026, as negotiations appear difficult with Germany and the Netherlands opposing France's push for joint borrowing.
- Officials fear a potential French far-right government in 2027 could derail negotiations, while Jordan Bardella of the National Rally slammed the budget as a "headlong rush" costing French taxpayers €20 billion.
50 Articles
50 Articles
A difficult road to a majority in the European Parliament – It will be very difficult to build a majority in the European Parliament necessary to approve the next EU budget if the current proposal regarding national and regional partnership plans remains on the table – said Carla Tavares, the European Parliament's rapporteur on the future EU budget. Accelerated work on the new "seven-year plan": EU institutions have accelerated work on the EU bu…
The European Parliament adopted a position on Tuesday expressing its desire for the European Union's new multiannual (2028-34) budget (MFF) to be larger than the initial plan presented by the European Commission, which is still being negotiated by member state governments.
EU Parliament pushes for bigger long-term budget, new taxes
The European Parliament has backed plans to boost the EU's long-term budget and introduce new taxes to support farming and poorer regions. The proposals have set up a clash with member states, including Germany.
The Strasbourg plenary approved the negotiating position of the European Parliament: a richer budget thanks to more direct revenue, but long distances remain with the Council of the European Union, where the 27 Member States sit.
Despite belt-tightening in member states, the European Parliament would increase the EU's multiannual budget even further.
Coverage Details
Bias Distribution
- 45% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
