Ursula von der Leyen's proposed EU budget for 2028 to 2034 includes new taxes on large companies, tobacco, and electronic waste. The budget aims to confront Europe's challenges, proposing a fivefold increase in defence funding, tripling funds for migration, and doubling the research budget, with a significant allocation for climate and biodiversity. The plan has faced criticism for eliminating the dedicated nature protection fund and merging key EU policies like the common agricultural policy, raising concerns among farmers and environmentalists about potential impacts on sustainability and agricultural support.
Ursula von der Leyen proposed new EU taxes on large companies, tobacco, and electronic waste as part of a 2tn budget aimed at addressing Europe's challenges.
The budget proposal includes a fivefold increase in defence funding, tripled migration and border management funds, and doubled research budgets, with 35% allocated to climate and biodiversity.
Green politicians criticized the proposed scrapping of the EU's dedicated nature protection fund, warning it would exacerbate biodiversity crises.
Farmers expressed concerns about merging key EU policies, arguing it threatens the foundation of European agricultural policy, leading to protests in Brussels.
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