The 2028-2034 EU budget for a stronger Europe
On 16 July 2025, the Commission presented its proposal for an ambitious and dynamic Multiannual Financial Framework (“MFF”) to date amounting to almost almost EUR 2 trillion(or 1.26% of the EU’s gross national income on average between 2028 and 2034). This framework will equip Europe with a long-term investment budget matching its ambitions to be an independent, prosperous, secure and thriving society and economy over the coming decade.
Key features of the new MFF:
- More flexibility across the budget, so Europe has the capacity to act – and react – fast when circumstances change unexpectedly or when new policy priorities need to be addressed;
- Simpler, more streamlined and harmonised EU financial programmes, so that citizens and companies can easily find and access funding opportunities;
- A budget tailored to local needs, with National and Regional Partnership Plans for investments and reforms, for targeted impact where it matters most and ensuring a faster and more flexible support for more economic, social and territorial cohesion across our Union;
- A powerful competitiveness boost, for Europe to secure supply chains, scale-up innovation and lead the global race for clean and smart technology;
- A balancedpackage of new own resources that ensures adequate revenues for our priorities while minimising pressure on national public finances.
The Commission’s proposal is designed to ensure that EU funding is steered by the EU’s political priorities, delivering results that national budgets cannot achieve alone.
Main features include:
- Investing in people, Member States and regions
- Driving prosperity via competitiveness, research and innovation
- Protecting people and building preparedness and resilience to face new challenges
- Protecting Europe
- Building partnerships for a stronger Europe in the world
- New own resources to match our common ambition
Read more about the EU's budget here.
