In its draft budget plan for 2028-2034 (see EUROPE B13682A1), the European Commission proposes to structure the ‘Global Europe’ Fund around six pillars - five with a regional focus and one with a global scope - by mobilising an envelope of €200.3 billion. This represents a significant increase on current funds (€109 billion, including guarantees and various investment instruments).
Through this reorganisation, the Commission intends to provide the EU with the resources it needs to...