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EU Commission to unveil €1.7 trln draft 2028‑34 budget, Poland braced for smaller slice

16.07.2025 12:30
The European Commission will today present a draft EU budget topping €1.7 trillion for 2028‑34, kicking off up to two years of unanimous negotiations among the 27 member states.
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The proposal launches delicate talks over cohesion‑fund cash, a perennial flashpoint. Poland, now the largest recipient, received more than €75 billion in the current budget but is expected to see its share cut as its economy grows.

All funding breakdowns remain under wraps until commissioners sign off, Budget Commissioner Piotr Serafin told Polish Radio, stressing that “regions will have a say not only in spending but in shaping their own development strategies.”

In a structural overhaul, dozens of programs are to be folded into a single Competitiveness Fund that will also absorb the Common Agricultural Policy, while keeping direct farm payments.

Most financing will still come from national contributions, yet new EU‑level revenues are planned, including a fee on unprocessed e‑waste, part of tobacco excise receipts and a levy on large corporations.

The Commission has abandoned earlier plans to centralize control in national capitals, ensuring regional authorities retain a formal role as talks get under way.

(jh)

Source: IAR