Negotiations on the new EU seven-year budget for 2028–2034: structure, cuts and risks
Negotiations are underway on the new EU multiannual financial framework (MFF) for 2028–2034. The European Commission's proposal reorganises the budget into three pillars, including a Competitiveness Fund, but carries risks of cuts to social programmes. Germany has joined the 'frugal' countries demanding cuts of around €200 billion, and Chancellor Merz has threatened a budget blockade. Without an agreement by 2028, funding will simply cease.
Nilufar Karimova