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EU Sets Stage for Big Battle over Long-Term Budget
EUROPEAN UNION, JUL 16 – The European Commission’s proposal aims to balance climate, defense, and agricultural funding, with farmers fearing cuts to subsidies that currently total €387 billion, experts say.
- The European Commission will unveil its proposal on 16 July 2025 for the EU's post-2027 long-term budget in Brussels.
- The proposal follows concerns over past budget flaws and aims to improve investment partnerships with local and regional governments.
- Key issues include increased funding compared to 2021-2027, new own resources such as taxes on large companies, and reforms to the common agricultural policy .
- EU lawmaker Siegfried Muresan stated that raising the budget is inevitable, while farmers plan protests over concerns of potential cuts to CAP funding.
- The proposal will start difficult negotiations focused on preserving parliamentary oversight, ensuring democratic control, and addressing emerging EU challenges.
76 Articles
76 Articles
In the afternoon, the EU Commission intends to present its draft for the next multi-annual budget from 2028, which will be made more flexible, modern and fundamentally different. Already before the presentation of the proposals, it is clear that the reform plans are resisting.
The European Commission is today announcing its proposals for the next long-term budget.
The EU's next long-term budget is proposed to end at 1,717 billion euros – 1.23 percent of the Union's GDP – according to leaked figures in Brussels.
The European Commission will present a proposal for the EU's long-term budget for the period 2028-2034. Funds for cohesion and agriculture will most likely be slightly reduced, at the expense of strengthening funding for competitiveness and security in the European Union.
ABC FOX Montana
EU sets stage for big battle over long-term budget
The European Commission will kickstart two years of tense negotiations when it unveils its proposal Wednesday for the EU's long-term budget including funding reforms that risk renewed confrontation with farmers.
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