CORRECTED: EU unveils blueprint for boosted 2-trillion-euro budget

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CORRECTED: EU unveils blueprint for boosted 2-trillion-euro budget
Brussels, Belgium, July 16 (AFP) Jul 16, 2025
The EU executive proposed on Wednesday a long-term budget boosted to two trillion euros as Europe confronts complex challenges from overseas competition to Russian aggression at its borders.

The spending proposal for 2028-2034 "is a modern, more flexible budget that builds on past successes and response to the challenges of today but also tomorrow", EU budget commissioner Piotr Serafin said at the European Parliament.

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