The European Commission has launched negotiations on a €2 trillion budget with a focus on defense and competitiveness, with more money for eastern countries.

The European Commission has proposed a €2 trillion budget for 2028-2034, focusing on economic competitiveness and defense. Romania and other Eastern European countries will benefit from extra funds, given their proximity to Russia. The budget will include new taxes on companies and consumer products, but will cut allocations for agriculture, which has sparked discontent among farmers. Negotiations will require the approval of all member states and the European Parliament, and reactions range from support to harsh criticism of budget priorities.