European Parliament demands €200 billion extra for EU budget in hardball talks | Euronews Newsletter Events Loader Newsletter Events Loader Loader Search

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The European Parliament will call for an increase of nearly €200 billion in the next common EU budget, setting the stage for heated political talks over resources. ADVERTISEMENT ADVERTISEMENT MEPs are calling for an overall increase of around 10% and want to keep the repayment of Next Generation EU — the joint debt issued in 2020 to address the economic impact of COVID-19 — outside of the budget. The Commission pitched €2 trillion in July last as a starting point for talks. The parliament's

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