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Euronews

Jorge Liboreiro

Von der Leyen unveils hugely increased 'strategic' €2 trillion EU budget

von der Leyen European Union European Commission Ukraine

Ursula von der Leyen has unveiled her much-anticipated proposal for the new budget of the European Union, worth €2 trillion between 2028 and 2034, a sizable increase compared to the €1.21 trillion approved by leaders in the summer of 2020.

"It is more strategic, more flexible, more transparent," the president of the European Commission said on Wednesday afternoon.

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