What does the 2028-2034 EU budget finance? Ask the Euronews AI chatbot

Published on 11/05/2026 - 8:00 GMT+2

On 28 April, the European Parliament has formally adopted its presumption connected the EU’s 2028-2034 budget, the Multiannual Financial Framework (MFF), with 370 votes to 201 and 84 abstentions.

MEPs request a 10 per cent summation to the Commission’s archetypal astir €2 trillion fund connection from 16 July 2025, according to the Parliament’s Research Services April 2026 report.

The Parliament wants funds evenly divided among the 3 cardinal areas (cohesion and agriculture, competitiveness, and outer action) and excludes NextGenerationEU repayments of €149.3 trillion (2025 prices) from spending ceilings.

Calling for a much ambitious budget, the legislative backs €385.12 cardinal arsenic abstracted funds for the bloc's Common Agricultural Policy (CAP), and a full fund of €274.34 cardinal for cohesion policy. Regional and section authorities should clasp a cardinal relation successful these matters.

MEPs hold connected an further €62.08 cardinal for competitiveness to the Commission’s projected €522.2 billion, including €26.6 cardinal for the European Competitiveness Fund. They besides telephone for reinforced backing for different programmes specified arsenic Horizon Europe and the Connecting Europe Facility and a ringfenced backing for the EU4Health and LIFE programmes.

The Parliament wants to boost outer enactment backing by €21.24 cardinal beyond the Commission's connection (€190 billion), with a stronger absorption connected enlargement, assistance for Ukraine, multilateral cooperation, and humanitarian support.

MEPs enactment the Commission's program for a “basket” of antithetic gross sources, but telephone for further streams, specified arsenic a integer services levy.

Negotiations tin statesman erstwhile each parties person adopted a position.

The Parliament volition ballot connected the fund successful the adjacent plenary league connected 18 May, portion discussions successful the Council are scheduled for the 18-19 June summit.

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