On Friday 3 October, the European Commission published draft amending budget No 3 for the financial year 2025, aiming to update the ‘expenditure’ and ‘revenue’ sides of the budget.
With this draft amending budget No 3/2025, the GNI (gross national income) contributions of the EU Member States will have to make up a shortfall of €31.9 million in order to balance the budget.
On the expenditure side, the European Commission is proposing a reduction of €123.7 million in...