Latest News

EU proposes €1.6 million aid package to support laid-off Tupperware Belgium workers

EU proposes €1.6 million aid package to support laid-off Tupperware Belgium workers EU proposes €1.6 million aid package to support laid-off Tupperware Belgium workers
  The European Commission has proposed mobilising €1.6 million in EU funding to support workers affected by the bankruptcy and closure...
Read More...

EU unveils Digital Networks Act to boost connectivity investment and build a true single market

EU unveils Digital Networks Act to boost connectivity investment and build a true single market EU unveils Digital Networks Act to boost connectivity investment and build a true single market
  The European Commission has unveiled the Digital Networks Act (DNA), a major legislative proposal designed to modernise and harmonise...
Read More...

European Parliament condemns Iran’s crackdown on protests, urges sanctions and IRGC terror listing

European Parliament condemns Iran’s crackdown on protests, urges sanctions and IRGC terror listing European Parliament condemns Iran’s crackdown on protests, urges sanctions and IRGC terror listing
  The European Parliament has strongly condemned Iran’s violent repression of protesters, denouncing what lawmakers describe as mass...
Read More...

40 years on: how Spain and Portugal’s EU membership reshaped Europe

40 years on: how Spain and Portugal’s EU membership reshaped Europe 40 years on: how Spain and Portugal’s EU membership reshaped Europe
  Forty years after Spain and Portugal joined what was then the European Communities, the European Parliament marked the milestone with...
Read More...

EU sets €1.9 billion humanitarian aid budget for 2026 as global needs soar

EU sets €1.9 billion humanitarian aid budget for 2026 as global needs soar EU sets €1.9 billion humanitarian aid budget for 2026 as global needs soar
  The European Commission has unveiled an initial €1.9 billion humanitarian aid budget for 2026, sending a strong signal of commitment...
Read More...

One in four young Europeans juggle work and studies as student employment rises across the EU

One in four young Europeans juggle work and studies as student employment rises across the EU One in four young Europeans juggle work and studies as student employment rises across the EU
  Nearly one in four young people in the European Union are balancing work alongside their studies, highlighting a growing trend of early...
Read More...

EU launches new Anti-Racism Strategy 2026–2030 to tackle discrimination across Europe

EU launches new Anti-Racism Strategy 2026–2030 to tackle discrimination across Europe EU launches new Anti-Racism Strategy 2026–2030 to tackle discrimination across Europe
  The European Commission has unveiled a new EU Anti-Racism Strategy for 2026–2030, reaffirming its commitment to building a Europe where...
Read More...

Marine Le Pen rejects EU funds fraud claims as appeal trial puts 2027 presidential bid at risk

Marine Le Pen rejects EU funds fraud claims as appeal trial puts 2027 presidential bid at risk Marine Le Pen rejects EU funds fraud claims as appeal trial puts 2027 presidential bid at risk
  French far-right leader Marine Le Pen on Tuesday forcefully denied accusations that her party ran an organized scheme to embezzle European...
Read More...

EU Parliament to renovate Paul-Henri Spaak Building: €455 million green overhaul set for 2027–2031

EU Parliament to renovate Paul-Henri Spaak Building: €455 million green overhaul set for 2027–2031 EU Parliament to renovate Paul-Henri Spaak Building: €455 million green overhaul set for 2027–2031
  The European Parliament is preparing a major renovation of its iconic Paul-Henri Spaak (SPAAK) building in Brussels, a project designed...
Read More...

EU-funded NGO linked to online map targeting Jewish and Israeli-affiliated businesses in Catalonia

EU-funded NGO linked to online map targeting Jewish and Israeli-affiliated businesses in Catalonia EU-funded NGO linked to online map targeting Jewish and Israeli-affiliated businesses in Catalonia
  An online platform that mapped Jewish-owned businesses, schools, and Israel-linked companies across Catalonia has been linked to promotion...
Read More...

Must Read

Most Popular Stories

VIDEO AND audio news:

Features, views, analysis

business

Latest News

EU proposes €1.6 million aid package to support laid-off Tupperware Belgium workers

EU proposes €1.6 million aid package to support laid-off Tupperware Belgium workers EU proposes €1.6 million aid package to support laid-off Tupperware Belgium workers
  The European Commission has proposed mobilising €1.6 million in EU funding to support workers affected by the bankruptcy and closure...
Read More...

EU unveils Digital Networks Act to boost connectivity investment and build a true single market

EU unveils Digital Networks Act to boost connectivity investment and build a true single market EU unveils Digital Networks Act to boost connectivity investment and build a true single market
  The European Commission has unveiled the Digital Networks Act (DNA), a major legislative proposal designed to modernise and harmonise...
Read More...

European Parliament condemns Iran’s crackdown on protests, urges sanctions and IRGC terror listing

European Parliament condemns Iran’s crackdown on protests, urges sanctions and IRGC terror listing European Parliament condemns Iran’s crackdown on protests, urges sanctions and IRGC terror listing
  The European Parliament has strongly condemned Iran’s violent repression of protesters, denouncing what lawmakers describe as mass...
Read More...

40 years on: how Spain and Portugal’s EU membership reshaped Europe

40 years on: how Spain and Portugal’s EU membership reshaped Europe 40 years on: how Spain and Portugal’s EU membership reshaped Europe
  Forty years after Spain and Portugal joined what was then the European Communities, the European Parliament marked the milestone with...
Read More...

EU sets €1.9 billion humanitarian aid budget for 2026 as global needs soar

EU sets €1.9 billion humanitarian aid budget for 2026 as global needs soar EU sets €1.9 billion humanitarian aid budget for 2026 as global needs soar
  The European Commission has unveiled an initial €1.9 billion humanitarian aid budget for 2026, sending a strong signal of commitment...
Read More...

One in four young Europeans juggle work and studies as student employment rises across the EU

One in four young Europeans juggle work and studies as student employment rises across the EU One in four young Europeans juggle work and studies as student employment rises across the EU
  Nearly one in four young people in the European Union are balancing work alongside their studies, highlighting a growing trend of early...
Read More...

EU launches new Anti-Racism Strategy 2026–2030 to tackle discrimination across Europe

EU launches new Anti-Racism Strategy 2026–2030 to tackle discrimination across Europe EU launches new Anti-Racism Strategy 2026–2030 to tackle discrimination across Europe
  The European Commission has unveiled a new EU Anti-Racism Strategy for 2026–2030, reaffirming its commitment to building a Europe where...
Read More...

Marine Le Pen rejects EU funds fraud claims as appeal trial puts 2027 presidential bid at risk

Marine Le Pen rejects EU funds fraud claims as appeal trial puts 2027 presidential bid at risk Marine Le Pen rejects EU funds fraud claims as appeal trial puts 2027 presidential bid at risk
  French far-right leader Marine Le Pen on Tuesday forcefully denied accusations that her party ran an organized scheme to embezzle European...
Read More...

EU Parliament to renovate Paul-Henri Spaak Building: €455 million green overhaul set for 2027–2031

EU Parliament to renovate Paul-Henri Spaak Building: €455 million green overhaul set for 2027–2031 EU Parliament to renovate Paul-Henri Spaak Building: €455 million green overhaul set for 2027–2031
  The European Parliament is preparing a major renovation of its iconic Paul-Henri Spaak (SPAAK) building in Brussels, a project designed...
Read More...

EU-funded NGO linked to online map targeting Jewish and Israeli-affiliated businesses in Catalonia

EU-funded NGO linked to online map targeting Jewish and Israeli-affiliated businesses in Catalonia EU-funded NGO linked to online map targeting Jewish and Israeli-affiliated businesses in Catalonia
  An online platform that mapped Jewish-owned businesses, schools, and Israel-linked companies across Catalonia has been linked to promotion...
Read More...

Must Read

Most Popular Stories

 

A group of leading Members of the European Parliament (MEPs) has strongly criticized the European Commission’s draft proposal for the EU’s next long-term budget, warning that

it is inadequate to meet the bloc's current and future needs.

The co-rapporteurs for the EU’s multiannual financial framework (MFF), Siegfried Mureşan (EPP, RO) and Carla Tavares (S&D, PT), along with own resources rapporteurs Sandra Gómez López (S&D, ES) and Danuše Nerudová (EPP, CZ), issued a joint statement raising serious concerns about the budget proposal’s limitations and its impact on core EU priorities.

Budget constraints could stall progress

According to the MEPs, the proposed budget—set at 1.26% of the EU’s gross national income (GNI), including 0.11% earmarked for NextGenerationEU debt repayments—is insufficient when inflation is taken into account. They argue this results in an effective freeze on EU investment and spending, compromising progress on key areas such as competitiveness, cohesion, agriculture, defence, climate action, and sustainable economic development.

“However you try to package this, what we have is a real-terms investment and spending freeze – plus repayment of NextGenerationEU borrowing. It is the status quo, which the Commission has always insisted is not an option,” the co-rapporteurs stated.

Siegfried Mureșan emphasized that past errors—such as linking debt repayments with programme funding—have put excessive strain on vital areas. “We will not allow the financing of our key priorities to be compromised by the repayment of NextGenerationEU,” added Carla Tavares.

Concerns over threats to key EU programmes

The Parliament has previously raised alarms over restructuring proposals that would bundle effective programmes into broad "umbrella funds," a move it fears could dilute their impact and efficiency. Tavares stressed the importance of cohesion, saying “the EU is based on solidarity, and economic, social, and territorial cohesion,” noting that upward convergence remains a cornerstone of the EU project.

MEPs are particularly concerned about changes that could reduce the influence of regional and local governments in managing EU funds, warning against setting different stakeholders—such as farmers, regions, and national governments—against each other.

Mureșan rejected any return to fragmented national spending plans disconnected from common EU goals: “We will not approve a budget that promotes fragmented national plans with no link to European objectives. Europe needs a shared vision – not 27 separate shopping lists.”

Democratic oversight must be preserved

The co-rapporteurs also criticized aspects of the proposal they believe could marginalize the European Parliament’s role. They insist the Parliament, as the only directly elected EU institution, must retain its co-legislative authority over both the budget and its discharge.

“The budget is not a cash machine for the European Commission,” warned Mureșan, pledging to protect the Parliament’s oversight role.

Tavares echoed this, demanding a transparent framework that ensures parliamentary control: “The proposed budget must be transparent, and guarantee that Parliament maintains full prerogatives over budget allocation and monitoring, backed by a detailed budget structure that allows for meaningful oversight.”

Call for action on EU revenue reform

On the revenue side, Sandra Gómez López and Danuše Nerudová welcomed the Commission’s renewed push to find new sources of funding. They highlighted proposals such as a tobacco excise duty, a corporate levy for Europe (CORE), and fees on e-waste and e-commerce.

“We take note of the new proposals… Member states have no excuse now to not reach an agreement on new revenue sources,” they stated.

The two MEPs stressed that a diversified and reliable income stream—based on true EU own resources that do not compete with national budgets—is essential to ensuring adequate funding.

Parliament pledges to defend EU ambitions

In closing, the MFF co-rapporteurs reaffirmed the European Parliament’s commitment to pushing for a budget that aligns with the EU’s strategic goals.

“Parliament stands ready to use all its powers to their full extent to ensure that the next long-term budget matches the Union's ambitions and challenges, and is under full democratic oversight. Parliament stands ready to engage constructively but also firmly,” the MEPs concluded. 

deneme