European Union, Ukraine and July 16 proposal
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EU, and defense spending
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The EU announced a 37% budget increase to €42.6 billion to tackle climate instability, migration and competition over resources, with a focus on reforms in Ukraine and the Mediterranean region. View o
Crafting a budget for 27 countries stretching from Lapland to Lisbon is a fiddly process. In fiscal terms the “multi-annual financial framework”, as it is known in Brussels patois, is of peripheral concern.
Romanian officials have sharply criticised the European Commission's first draft proposal for the European Union's 2028–2034 multiannual financial framework, expressing concerns over plans to merge structural funds with agricultural subsidies under a performance-based disbursement model.
Donald Trump’s plan to allow the European Union pay for arms supplied to Ukraine is piling pressure on EU officials negotiating how to finance the bloc’s defense-spending ambitions.
The General Court of the European Union ruled Wednesday that Jean-Marie Le Pen's daughters remain on the hook for more than $348,000 of his misused expenses.