EU proposes 'most ambitious ever' budget of two trillion euros

The European Commission on Wednesday proposed the "most ambitious ever" €2 trillion ($2.3 trillion) 2028-2034 budget to counter overseas competition and Russian aggression, but Germany, the bloc's top economy, rejected it as unacceptable. 

Jul 17, 2025 - 15:06
EU proposes 'most ambitious ever' budget of two trillion euros
The European Commission on Wednesday proposed the "most ambitious ever" €2 trillion ($2.3 trillion) 2028-2034 budget to counter overseas competition and Russian aggression, but Germany, the bloc's top economy, rejected it as unacceptable.