The European Parliament on Tuesday voted in favor of making the bloc’s next seven-year budget 10 percent higher than a proposal from the European Commission, which would take EU spending to more than €2 trillion.
In a vote in Strasbourg, MEPs backed beefing up the EU cash pot by spending an additional €200 billion on farmers, regions and industrial competitiveness. An overwhelming majority of MEPs approved the motion, with 370 votes in favor, 201 against and 84 abstentions.
The vote sets the scene for tense negotiations with national governments. Member countries such as the Netherlands and Germany have already said they want the budget to be lower than the Commission’s proposal.
The Parliament also called for more earmarking of funds for EU programs, and the imposition of new, EU-wide taxes on online gambling, tech giants such as Amazon and Google, and crypto firms.
The Commission’s proposal for the 2028 to 2034 period envisages €1.8 trillion for expenditure on areas such as subsidies for farmers, industrial development and international aid schemes. In addition, it earmarks around €165 billion to pay back the common debt that was issued to finance the EU’s post-Covid recovery package — a measure that makes the total budget rise to €1.984 trillion.
Parliament is calling for the total size of the budget to be expanded to €2 trillion, excluding the Covid debt repayments. That would effectively mean increasing its size by 10 percent.
“We believe we cannot do more with less, that is a myth,” said Siegfried Mureșan of the conservative European People’s Party, who is the Parliament’s lead budget negotiator alongside Carla Tavares of the Socialists & Democrats.


