EU Budget Proposal Leaked: Significant Increase Expected

The EU's next long-term budget is proposed to land at 1,717 billion euro – 1.23 percent of the union's GDP – according to leaked information in Brussels. The presentation is delayed after negotiations until the very end.

» Published: July 16 2025 at 09:05

EU Budget Proposal Leaked: Significant Increase Expected
Photo: Pascal Bastien/AP/TT

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The leaked figures are being put forward by, among others, the news sites Politico and Euractiv.

If the information is correct, it is a significant increase compared to the ongoing long-term budget. But it is still far from the doubling or increase to equivalent to 2 percent of GNI (the EU's gross national income) that, for example, Spain has demanded in advance.

The budget is to apply for the years 2028-2034. The current budget, for 2021-2027, is around 1.1 percent of GNI.

Security and taxes

According to what has been leaked in advance, support for agriculture and regional policy is expected to decrease from a total of approximately two-thirds of the budget to just over half. Instead, investments in competitiveness and security are being expanded.

On the income side, the Commission is said to want to bring in direct funds through taxes on tobacco, large companies, and electronic waste in order to be able to pay off the large common loan that was taken out to help the EU countries' economy after the coronavirus pandemic.

Unclear timing

When Commission President Ursula von der Leyen will present the budget is still unclear. According to Politico, it may be delayed until 5 pm.

Prior to that, Budget Commissioner Piotr Serafin is to appear before the European Parliament's budget committee. However, the start of the meeting has been postponed and is currently unclear.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers
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