Back to today’s briefing

Story perspectives

EU Unveils Historic €2 Trillion Budget Amid Opposition

7/19/2025

50 11

Summary

Story summary

Ursula von der Leyen has unveiled a groundbreaking €2 trillion budget for the EU, the largest ever proposed, designed for strategic investments and flexibility. This ambitious plan combines agricultural and cohesion funds, introduces new taxes, and earmarks €100 billion for Ukraine's recovery. Yet, it faces a tough road ahead, needing unanimous approval from member states amid strong opposition.

1 of 1

Story summary

Ursula von der Leyen has unveiled a groundbreaking €2 trillion budget for the EU, the largest ever proposed, designed for strategic investments and flexibility. This ambitious plan combines agricultural and cohesion funds, introduces new taxes, and earmarks €100 billion for Ukraine's recovery. Yet, it faces a tough road ahead, needing unanimous approval from member states amid strong opposition.