Back to today’s briefing

Story perspectives

Baltic Ministers Support €2 Trillion Budget Amid Caution

7/30/2025

50 7

Summary

Story summary

Baltic finance ministers gathered in Vilnius to back the European Commission's ambitious €2 trillion budget proposal for 2028–2034, hinting at potential increases. Yet, Germany's Vice Chancellor Lars Klingbeil cautioned against excess, urging careful stewardship of taxpayer funds. This budget seeks to bolster competitiveness and extend vital support to Ukraine during challenging times.

1 of 1

Story summary

Baltic finance ministers gathered in Vilnius to back the European Commission's ambitious €2 trillion budget proposal for 2028–2034, hinting at potential increases. Yet, Germany's Vice Chancellor Lars Klingbeil cautioned against excess, urging careful stewardship of taxpayer funds. This budget seeks to bolster competitiveness and extend vital support to Ukraine during challenging times.