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Europe News

MEPs oppose cuts to EU programs, demand increased budget for 2025

Parliamentary budget committee adopted its position on the 2025 budget, rejecting the Council's proposal to cut €1.52 billion from flagship EU projects such as Horizon Europe or Erasmus+.

Europe News

Money matters under scrutiny, Newsletter

This week's key events presented by Euronews' finance reporter Paula Soler

Earth News

NGOs target new Commission with launch of ‘Blue Manifesto’

With a European Oceans Pact in the pipeline and a new Fisheries and Oceans Commissioner set to take office later this year, green groups have set out their demands for the next EU executive.

Europe News

Sweden and Finland want to tie EU farm subsidies to rule of law

The call comes after Brussels blocked billions in funds to Poland and Hungary due to concerns over judicial reforms and democratic backsliding.

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Earth News

Civil groups call on EU leaders to prioritise regional support funding

Central and eastern European countries are among the biggest beneficiaries of transition funds due to their historic dependency on the coal mining sector and heavy industries.

Europe News

Brussels moves to deduct €200 million fine from Hungary's EU funds

Budapest will soon be deprived of a share of its EU funds for refusing to pay the fine imposed by the European Court of Justice.

Europe News

EU bungled plastic waste tax, auditors say

A new levy intended to discourage the landfill and incineration of plastic waste is plagued by dodgy data, and may have led to an uptick in crime, auditors warn

Europe News

Erasmus+ and research funding slashed in EU’s 2025 budget plans

MEPs and pressure groups have decried a €295m planned cut to the Erasmus+ student exchange programme, formalised by EU member states on Friday.

Europe News

Bloc needs simpler, flexible, policy-based budget, says EU official

How should the bloc finance its next budget? How big should it be? And what should be its spending areas? A policy discussion organised today by the influential Brussels-based think tank Bruegel offered some ideas.

Earth News

EU hails benefits of multi-billion-euro environmental action

A cost-benefit analysis by the European Commission says nearly €3.5 billion of EU money pumped into real-world environmental schemes through the LIFE programme gave a tenfold return on investment – justification, green groups say, for massively ramping up spending.

Europe News

From allowances to golden parachutes: How much are MEPs paid?

We look at the perks the newly elected lawmakers meeting this week can expect.

Europe News

Auditors slam poor oversight of cohesion spending

The EU's cohesion funds aim to reduce social and economic disparities between the richest and poorest regions, but both the Commission and member states are failing to adequately oversee their spending, according to a new report by the European Court of Auditors (ECA).

Ukraine

What's at stake for Europe in Ukraine's EU membership talks?

A new budget, rule of law, defence, and security are the top priorities for opening the European Union's gates to Kyiv. Will Ukraine and the EU be up to the challenge?

Belgium

Von der Leyen spars with rivals on EU budget and Chinese trade war

With two weeks until European elections, candidates diverged on the size of the bloc’s trillion-euro spending, EU air defence, and whether to impose US-style punitive tariffs on Beijing.

Health news

Bloc’s health budget facing uncertain future – EU official

An unprecedented funding line for health in the current EU long-term budget will likely be a one-off, said a senior official mulling long-term financing more sustainable than EU funds alone.

Europe News

Brussels’ trillion-euro budget may need expanding, Commissioner says

EU resources are under strain, given the need to invest in defence, climate change and a possible expansion to Ukraine.

Europe News

MEPs gear up to sue Commission over release of €10 billion for Hungary

The European Parliament has moved forward with its plan to launch a lawsuit against the European Commission for the release of €10.2 billion in cohesion funds for Hungary, which had been blocked over rule-of-law concerns.

Europe Decoded

The truth behind the €64.6-billion budget deal agreed by EU leaders

The European Union might soon add an additional €64.5 billion to its common budget. But it comes with fine print.

Health news

Leaders sacrifice one-fifth of bloc’s health funds in support of Ukraine

A decision by EU leaders to re-deploy €1bn from Europe’s largest health programme to finance the aid package for Ukraine was met with shock from health stakeholders.

Europe News

Euroviews. EU budget cuts threaten the union's global leadership

The money the EU invests in global challenges abroad is the tangible manifestation of our European values in action, reflecting the international commitments the union has made, Pascal Lamy, Andris Piebalgs, Heidemarie Wieczorek-Zeul, Neven Mimica and Charles Goerens write.