Brussels’ trillion-euro budget may need expanding, Commissioner says
The EU may need a bigger budget as it fronts up to problems including aid to Ukraine and investment in the military, a senior official said at a conference in Brussels today (29 April). Brussels’ existing budget comes to just over €1 trilllion, and the Commission is due in June of next year to come out with its plans for the next seven-year period ending in 2034. There should be a “budget matching our ambition for a stronger, more competitive and secure Europe,” EU Budget Commissioner Johannes Hahn said. "We should avoid getting stuck into the obsession that the budget cannot exceed 1% of EU G...