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    Latest News - EU

    European Parliament demands 10% hike in EU long-term budget plan

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    By Iris East on April 29, 2026 EU
    European Parliament demands 10% hike in EU long-term budget plan
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    European Parliament demands 10% hike in EU long-term budget plan

    Budget Proposal
    The European Parliament has adopted its position on the EU long-term budget, calling for a 10% increase and advocating for EU-level taxes.
    Budget Increase
    The European Parliament’s call for a 10% increase in the EU long-term budget signifies a strategic move to enhance funding during critical negotiations for the 2028-2034 financial cycle.
    Parliament Response
    “We are prepared for tough negotiations to secure a robust budget that reflects our priorities,” stated an MEP following the call for a 10% increase.

    Key developments

    The European Parliament has formally adopted its stance on the EU long-term budget, demanding a 10% increase alongside the introduction of EU-level taxes to support funding.

    Members of the European Parliament (MEPs) have signalled their preparedness for challenging negotiations as discussions over the budget intensify, aiming for consensus ahead of the 2028-2034 planning period.

    European Parliament demands €200 billion extra for EU budget in hardball talks

    European Parliament demands 10% hike in EU long-term budget plan
    The European Parliament has adopted its position on the EU long-term budget, calling for a 10% increase and pushing for EU-level taxes. MEPs say they are ready for tough talks as money talks intensify for 2028-2034 cycle.

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