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The Advantages and Disadvantages of the New Long-Term European Budget Announced by Ursula von der Leyen

What’s new and which funding areas will be prioritized?

Bogdan Ivanov's avatar
Bogdan Ivanov
Jul 25, 2025
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The new long-term EU budget announced by Ursula von der Leyen for the 2028–2034 period is very good — splendid, even.

Agricultural subsidies are being reduced, which is a great move because, in essence, Europe managed to offer very low food prices — especially for food produced in Western Europe — lower than in other regions of the world (like the U.S. a…

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