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What does the 2028-2034 budget finance? Ask the Euronews AI chatbot
The Parliament asks for an extra 10 per cent for the 2028-2034 EU budget. It wants more focus on cohesion, defence, and competitiveness, with a target of €60 billion in annual revenue. But what does the new budget cover? Ask the Euronews AI chatbot.
Europe News
Will the EU budget turn cohesion policy into regional 'Hunger Games'?
The EU’s proposed 2028–2034 budget risks turning the bloc's cohesion policy into a high-stakes competition for funding by merging it with other major spending areas, sparking concerns over reduced local control and lack of support for disadvantaged regions.
Europe News
Water and defence - but not bullets: EU reallocates regional funds
The EU executive has invited member states to redirect regional spending - accounting for one-third of the EU budget - toward various strategic areas such as water resilience and affordable housing, including defence to a limited extent.
Europe News
Future budget commissioner urges capitals to work on new EU-wide taxes
The next long-term budget should be larger than the current 1% of the EU's GDP, said Polish Budget Commissioner-designate Piotr Serafin, stressing the urgent need to work on new EU-wide taxes by early 2025 at the latest.
Europe News
EU's €240bn budget: Bloc's auditors blast spending errors
Error rates in EU spending have soared to a level not seen since the financial crisis, in part because of complex and overlapping programmes — and it’s not clear how Brussels will repay pandemic-era debts, the European Court of Auditors said.
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).