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EU proposes €2 trillion budget

04:34

EU proposes €2 trillion budget
Source: Adobe Stock

The European Commission has proposed a €2 trillion EU budget for 2028-2034, allocating €300 billion to agriculture, €451 billion to the Competitiveness Fund, and €218 billion to less developed regions. Defence and space funding will increase fivefold to €131 billion, while €81 billion is earmarked for infrastructure and connectivity under the Connecting Europe Facility.

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