Russia fear? Ursula Von Der Leyen pushes for 75% hike in budget for energy security, raw materials

European Commission President Ursula von der Leyen announces a proposed 75% budget increase to bolster the EU’s energy security, humanitarian support, and global partnerships. The new funding will invest in energy, critical raw materials, and partnerships with third countries, while providing major support for Ukraine, Moldova, and the Western Balkans as they move toward EU membership. Von der Leyen calls for transformative reforms in EU spending, urging all EU institutions to work together on the new budget framework to make the Union stronger, faster, and more strategic. This proposal aims to strengthen the EU’s global position and enhance its ability to respond to major challenges.

 
SHARE
Story Saved
Saved Articles
Following
My Reads
Sign out
Get App
crown-icon
Subscribe Now!