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Budget

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Zucman tax: Is taxing Europe's ultra rich really a good idea?

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Europe News

Brussels boosts external action budget to tackle global issues

The EU proposed €200 billion for the 2028–2034 period to fight climate instability, migration and competition over resources, with a focus on reforms in Ukraine and the Mediterranean region.

Europe in Motion

Poll: Do EU citizens back more defence spending?

European leaders seem to be failing to get the message across, as EU citizens rank defence only seventh out of 10 investment priorities.

Europe News

Poland expects to get biggest cut of EU's proposed €2 trillion budget

Poland is set to benefit most from the EU's €2 trillion budget for 2028-2034, according to its finance minister, despite protests from farmers against reforms to the Common Agricultural Policy.

Tech News

Commission nearly doubles research, innovation fund in next budget

Lobby groups say the money freed up for technology under the budget proposal isn't enough.

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Health news

Why some countries’ healthcare spending is more wasteful than others

After a certain level, national health care spending has diminishing returns for people’s wellbeing, a new study says.

Europe News

What MEPs and Parliament’s parties want from the EU budget

Each political group is seeking to safeguard at least one flagship priority within the EU's long-term budget, and is prepared to defend it to the bitter end.

Europe News

EU's defence industry wants at least €100 billion under the next MFF

The European defence industry has urged policymakers to allocate at least €100 billion to defence under the next long-term common budget (2028–34), emphasising that this is the 'bare minimum' required to strengthen the bloc's military capabilities.

Culture news

Kneecap controversy hits French music festival as funding withdrawn

The French town of Saint-Cloud withdraws its subsidy to Rock en Seine festival due to controversial rappers Kneecap maintained on this year’s line-up.

Economy

Republicans advance Trump's tax bill after initial struggles

The bill would build on various tax breaks from Trump's first term and temporarily introduce new ones. The state would partially offset the cost by reducing spending on Medicaid and food assistance.

Europe News

Fourteen member states oppose the Commission's EU budget overhaul

In a document seen by Euronews, 14 member states are calling for a 'stand-alone cohesion policy' to ensure the next EU long-term budget boosts competitiveness and convergence across EU regions.

Europe News

EU Commissioner calls for more of long-term budget for space projects

The EU Commission is in the final stages of drafting a proposal for the bloc's seven-year budget after 2027, which currently stands at €1.2 trillion. The EU Commissioner for Defence and Space has told Euronews that he is seeking additional funding for his policy areas.

Travel News

Consumer groups file complaint against ‘abusive’ hand luggage charges

The consumer groups argue that the fees for hand luggage contravene a ruling from more than a decade ago by the European Court of Justice.

Destinations

Europe’s best city breaks for budget travellers this summer

The report found that prices have fallen in half the cities surveyed.

Health news

WHO chief makes plea to fill budget gap by comparing 'costs to war'

The UN health agency is asking for the equivalent of €3.7 billion for the next two years to fill a funding shortfall.

Markets

Here’s how you can handle your finances during economic uncertainty

Some ways of gaining better control of your finances include creating an emergency fund and finding areas where you can cut back.

Europe News

MEPs oppose Commission's overhaul of EU budget after 2027

Members of the European Parliament called for a budget of more than 1% of the EU's GDP and rejected the Commission's idea of single national plans under the EU's next long-term budget (2028-34).

Economy

Germany’s economic sentiment hits 2-year high, EU exports to US soar

Germany’s economic sentiment hit a 2-year high, but the eurozone’s trade surplus fell sharply. EU exports to the US surged as firms frontloaded shipments ahead of potential Trump tariffs, while the trade deficit with China widened sharply.

Art

Tate museums to cut 7% of workforce amid financial challenges

Tate has announced that it is cutting 7% of its workforce, as the British arts institution grapples with a post-pandemic financial deficit. The move echoes major budget cuts for many cultural institutions globally, including major European museums.

Europe News

PM Sánchez: Spain must help countries facing Russian threats

The Spanish prime minister also stressed the need for a just peace in Ukraine without rewarding Moscow's aggression.

Destinations

European destinations where your money will go the furthest

80 per cent of British holidaymakers said deals and prices in travel adverts were their main inspiration.