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Europe Daily Bulletin No. 13682
Contents Publication in full By article 1 / 38
MULTIANNUAL FINANCIAL FRAMEWORK 2028-2034 / Budget

European Commission ratifies its ‘budget revolution’, with a historic amount, a new structure and loans “beyond ceilings”

It's official: after months of leaked documents and announcements, on Wednesday 16 July the European Commission confirmed its plan to reorganise the EU’s long-term budget into four main pillars: the national and regional partnership plans, the Competitiveness Fund (with Horizon Europe), the Global Europe Fund and a pillar devoted to spending on European public administration.

An increased budget. According to the European Commission, the proposed Multiannual Financial Framework (MFF)...

Updated on 17/7/2025 at 10:30

Contents

MULTIANNUAL FINANCIAL FRAMEWORK 2028-2034
BUDGET: European Commission ratifies its ‘budget revolution’, with a historic amount, a new structure and loans “beyond ceilings”
BUDGET: MEPs concerned about risk of renationalisation in draft post-2027 Multiannual Financial Framework
AGRICULTURE: European Commission forecasts budget of €300 billion for 2028–2034 CAP, down by 20%
AGRICULTURE: Christophe Hansen says post-2027 Common Agricultural Policy “retains its entire toolbox”
COHESION: €452 billion will be earmarked for cohesion, rural development and fisheries in 2028-2034, according to Raffaele Fitto
COMPETITIVENESS: European Commission proposes €410 billion Competitiveness Fund
SOCIAL: employment, skills, poverty - with a budget of €100 billion, post-2027 ESF+ will set an unprecedented minimum target for reforms to be put in place
RESEARCH: ten EU countries want to bring together various overlapping funding programmes under direct management
DEVELOPMENT: financing instrument for external action post-2027 forms “key priority” of Danish Presidency of EU Council
SECTORAL POLICIES
COHESION: EU Council and European Parliament reach compromise on mid-term review of cohesion policy
CLIMATE: 2040 target - ambition of Danish EU Council Presidency hampered by timetable and Member States’ concerns
AGRICULTURE: Cyprus stresses need to balance environmental goals with agricultural competitiveness
FISHERIES: MEPs call for vigilance over implementation of EU-UK Trade and Cooperation Agreement
FISHERIES: European Commission submits proposals for new fisheries agreement with São Tomé and Príncipe
TRANSPORT: MEPs approve exemption for zero-emission heavy duty vehicles from road tolls until 2031
HOME AFFAIRS: readmissions - European Commission proposes to tighten conditions for issuing short-stay visas to Guinea nationals
INTERNAL MARKET: MEPs call for better enforcement of Single Market rules
DIGITAL: nine civil society organisations urge European Commission to open a new investigation against X for breaches of DSA
DANISH PRESIDENCY OF THE COUNCIL OF THE EUROPEAN UNION
JUSTICE: Peter Hummelgaard defends “rights-based” approach to protecting vulnerable adults and European families to MEPs
EYCS: Danish Presidency of EU Council to work on vocational training, accessibility of Erasmus+ and digital framework
SOCIAL/EMPLOYMENT: labour mobility - Ane Halsboe-Jørgensen wants to fix shortcomings, but rules out work on coordinating social security schemes
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL: Danish Presidency of EU Council and European Parliament reach agreement on new ESF+ flexibilities
Russian invasion of Ukraine
DEFENCE: support for Ukraine - Danish defence minister calls for more investment in ‘Danish model’
EXTERNAL ACTION
RUSSIA: EU sanctions 9 persons and 6 entities responsible for destabilising actions in EU and Ukraine
ECONOMY - FINANCE - BUSINESS
BANKS: Claudia Buch warns against simplification that would lead to weakening of rules
COMPETITION: European Commission approves sustainability agreement in French wine sector
FINANCE: ‘DORA’ - European Supervisory Authorities publish a guide on oversight activities
EDUCATION - YOUTH - CULTURE - SPORT
SPORT: MEPs support European model based on solidarity, inclusiveness and transparency
COURT OF JUSTICE OF THE EU
EUROPEAN PARLIAMENT: General Court of EU confirms European Parliament’s decision to recover over €300,000 unduly received by Jean-Marie Le Pen
NEWS BRIEFS
AFRICA: EU countries prepare to sanction new players involved in crises in Sudan and Mali
TRADE: merchandise trade increased significantly in early 2025 in anticipation of US tariffs
CULTURE: Culture Moves Europe - first edition supports 7,274 artists and cultural professionals
ENERGY: ‘REPowerEU’ - in his official response to European Commission, Robert Fico considers proposed guarantees to be “too vague”
ENERGY: EU Member States approve extension and revision of gas storage regulation
FINANCE: reducing intra-market fragmentation, fastest way to boost liquidity in EU, according to Oliver Wyman
DIGITAL: European Commission proposes to sign and ratify United Nations Convention against Cybercrime
SYRIA: EU urges implementation of ceasefire in Sweida
TRANSPORT: MEPs approve agreement with EU Council on River Information Services Directive