💨 Abstract

The European Commission intends to reform the EU budget for 2028-2034, aiming to increase competitiveness, enhance foreign policy influence, and better coordinate investments across member states. The document, released on Tuesday, criticizes the current budget's rigidity, especially during emergencies like the COVID pandemic, and proposes a more flexible budget that focuses on EU priorities.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖