European Commission Unveils Ambitious New EU Budget for 2028-2034: A Vision for a Stronger Europe
Brussels, 16 July 2025 – The European Commission today presented its groundbreaking proposal for the next long-term EU budget, covering the period from 2028 to 2034. Titled “A Stronger Europe,” this comprehensive financial framework outlines the Commission’s vision for investing in key priorities that will shape the future of the European Union and its citizens. The announcement, made this afternoon at 16:45 CET, marks a significant step in the EU’s strategic planning, aiming to foster resilience, competitiveness, and sustainable growth across the Union.
The proposed budget is designed to address the evolving challenges and opportunities facing the EU, with a particular focus on strengthening the Union’s capacity to act on the global stage and deliver tangible benefits to its people. Key pillars of the new financial perspective are expected to include robust investments in areas critical for Europe’s future prosperity and security.
While specific details of the budget allocation will be subject to thorough discussion and negotiation among Member States and the European Parliament, early indications suggest a strong emphasis on the following strategic areas:
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The Green Transition: Continuing and accelerating the EU’s ambitious climate agenda, the budget is anticipated to channel significant resources towards initiatives that support the transition to a climate-neutral economy. This includes investments in renewable energy, energy efficiency, sustainable transport, and innovative green technologies, all crucial for meeting climate targets and ensuring a healthy planet for future generations.
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Digital Transformation and Innovation: Recognizing the pivotal role of technology in driving economic growth and societal progress, the proposal is expected to bolster funding for digital infrastructure, research and development in cutting-edge technologies, and the upskilling of the European workforce to thrive in the digital age. This commitment aims to solidify Europe’s position as a leader in innovation and digital solutions.
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Strategic Autonomy and Security: In an increasingly complex geopolitical landscape, the budget is set to reinforce the EU’s strategic autonomy and security capabilities. This may involve increased investment in defence cooperation, cybersecurity, border management, and strengthening the Union’s supply chains for critical goods and services, thereby enhancing its resilience and ability to respond to external shocks.
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Cohesion and Economic Convergence: The long-term budget will undoubtedly continue to prioritize cohesion policy, aiming to reduce economic and social disparities between Member States and regions. Investments in regional development, infrastructure, and employment initiatives will be vital for ensuring that all citizens and territories benefit from the opportunities presented by the European project.
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Research and Education: Fostering excellence in research and innovation, as well as promoting high-quality education and training, remains a cornerstone of the EU’s strategy. The budget is likely to reflect a strong commitment to supporting scientific discovery, fostering collaboration, and equipping European citizens with the knowledge and skills needed for the jobs of tomorrow.
The presentation of this forward-looking budget proposal underscores the European Commission’s dedication to building a stronger, more sustainable, and more resilient Europe. It serves as a crucial roadmap for collective action, enabling the EU to effectively address shared challenges and capitalize on future opportunities. The coming months will see intensive deliberations among EU institutions and Member States to finalize this vital financial framework, ensuring that it truly reflects the Union’s aspirations and priorities for the years ahead. This initiative represents a clear signal of the EU’s commitment to its citizens and its unwavering determination to shape a prosperous and secure future for all.
New 2028-2034 EU budget for a stronger Europe
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