EC unveils EUR 2tn 2028-34 budget draft, tilting funding model towards CEE countries

4 min read European Commission, Multiannual Financial Framework, Russia, Belarus, Common Agricultural Policy, Poland, Romania, Estonia, Latvia, Lithuania, Greece, Malta, Kata Tutto, Jacques Delors Centre, European Parliament

The EC is expected to present the proposal formally as part of its mid-term budget review later this year. The plan must be approved unanimously by all 27 member states and endorsed by the European Parliament. Opposition is expected from net contributor countries and regions facing cuts.