Portugal

Von der Leyen alerts to the risk of major cuts in the EU budget in the long term

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 06/10/2026, 08:26:24 UTC.

Briefings

Ursula von der Leyen warned of potential deep budget cuts for the EU's 2028-2034 financial framework, citing the current energy crisis as a reminder that long-term planning must match current challenges. The Commission proposes a budget of nearly 2 trillion euros, equivalent to 1.26% of the EU's gross domestic product, including debt repayment from the NextGenerationEU program. Key priorities include defense, competitiveness, and innovation, while traditional cohesion and agricultural priorities remain protected. Negotiations at the EU level require unanimity among member states and parliamentary consent, with the Irish presidency expected to finalize positions soon. The Commission also proposed five new autonomous revenue sources to finance these priorities.

Key points

• Ursula von der Leyen warned that deep cuts to the EU's 2028-2034 financial framework could compromise community priorities, citing the current energy crisis as a reminder that long-term planning must match current challenges.
• The Commission proposes a budget of nearly 2 trillion euros, equivalent to 1.26% of the EU's gross domestic product, including debt repayment from the NextGenerationEU program, with five new autonomous revenue sources proposed to finance these priorities.

Context

The EU's financial framework defines priorities and spending limits for the 2028-2034 period. Negotiations require unanimity among member states and parliamentary consent, with the Irish presidency expected to finalize positions soon. The Commission proposed five new autonomous revenue sources to finance these priorities.

Limitations

Evidence covers the Commission's warning and proposed budget figures for the 2028-2034 period. Uncertainty exists regarding the final outcome of negotiations, as unanimity is required among member states and parliamentary consent. Specific details on the final budget allocation or the exact impact of the energy crisis on the framework are not fully detailed in the provided text.

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