ON
← Back to feed
The EU's new budget: more to share, but on different terms
Poland🏛️ Politics11 hr. ago

The EU's new budget: more to share, but on different terms

The European Union has proposed a new multiannual financial framework for the period 2028–2034, totaling nearly 2 trillion euros—about 1.26% of the EU’s gross national income—which represents a nearly 10% increase compared to the previous budget cycle (2021–2027). This new budget emphasizes greater flexibility over rigid allocations, aiming to address ongoing crises such as geopolitical threats and energy shocks. The traditional 'national envelope' model, which allocated funds based on national contributions, is being replaced with centrally managed instruments like the European Competitiveness Fund, aimed at funding innovation, digitalization, and green transformation. Poland faces a shift in strategy, requiring more active engagement with Brussels to secure funding rather than relying solely on national and regional allocations. A significant portion of the new budget focuses on defense and military mobility, with a ninefold increase in spending on security and space, reaching up to 131 billion euros. Military mobility investments are expected to rise from 2 billion to 18 billion euros, with three out of four strategic corridors in Europe passing through Poland, offering major投资和

1 reports

Rzeczpospolita logoRzeczpospolitaIndependentCenter11 hr. ago
The EU's new budget: more to share, but on different terms

The European Union has proposed a new multiannual financial framework for the period 2028–2034, totaling nearly 2 trillion euros—about 1.26% of the EU’s gross national income—which represents a nearly 10% increase compared to the previous budget cycle (2021–2027). This new budget emphasizes greater flexibility over rigid allocations, aiming to address ongoing crises such as geopolitical threats and energy shocks. The traditional 'national envelope' model, which allocated funds based on national contributions, is being replaced with centrally managed instruments like the European Competitiveness Fund, aimed at funding innovation, digitalization, and green transformation. Poland faces a shift in strategy, requiring more active engagement with Brussels to secure funding rather than relying solely on national and regional allocations. A significant portion of the new budget focuses on defense and military mobility, with a ninefold increase in spending on security and space, reaching up to 131 billion euros. Military mobility investments are expected to rise from 2 billion to 18 billion euros, with three out of four strategic corridors in Europe passing through Poland, offering major投资和

Bias read (Center): The article presents information about the EU budget proposal in a balanced manner, discussing both opportunities and risks for Poland without overtly favoring any particular political stance. It includes perspectives from various stakeholders, including government representatives and business lobby

Keep the news honest.

ObjectiveNews is reader-funded and ad-free — we show you the bias instead of hiding it. Support independent journalism for €5/month.

Become a Supporter

Related stories