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EU Unveils €2 Trillion Budget Amid Lawmaker Concerns

7/18/2025

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Summary

Story summary

The European Commission has unveiled a bold €2 trillion budget plan for 2028-2034, with Poland set to receive the largest share. This ambitious proposal allocates €175.3 billion to Horizon Europe, aiming to boost EU competitiveness. Yet, lawmakers are raising alarms over vague details, demanding greater oversight and threatening to halt negotiations if their concerns aren't addressed.

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Story summary

The European Commission has unveiled a bold €2 trillion budget plan for 2028-2034, with Poland set to receive the largest share. This ambitious proposal allocates €175.3 billion to Horizon Europe, aiming to boost EU competitiveness. Yet, lawmakers are raising alarms over vague details, demanding greater oversight and threatening to halt negotiations if their concerns aren't addressed.