European Parliament Approves EU 7-Year Long-Term Budget Plan, Totaling 74 Trillion NTD
The European Parliament today voted to approve the EU's next 7-year budget, which is approximately 10% larger than the version proposed by the European Commission last July, totaling over 2 trillion euros (approximately 74 trillion New Taiwan Dollars). Negotiations with member state governments will follow.
📋 Article Processing Timeline
- 📰 Published: April 28, 2026 at 22:32
- 🔍 Collected: April 28, 2026 at 23:02 (29 min after Published)
- 🤖 AI Analyzed: April 29, 2026 at 00:06 (1h 4m after Collected)
Central News
(Central News Agency reporter Wu Bai-wei in Brussels on the 28th) The European Parliament today voted to approve the EU's next 7-year budget, which is approximately 10% larger than the version proposed by the European Commission last July, with a total amount exceeding 2 trillion euros (approximately 74 trillion New Taiwan Dollars). Subsequent negotiations with the governments of member states will commence on this basis.
According to a report released by the European Parliament today, the EU's overall budget for 2028 to 2034 was successfully passed with 370 votes in favor, 201 against, and 84 abstentions. The budget approved by the European Parliament has an overall scale approximately 10% larger than the version proposed by the European Commission, amounting to about 197.3 billion euros, bringing the total budget to 2.01 trillion euros, which will be used to support the EU's priority political matters and strategic goals.
MEPs emphasized that the next EU long-term budget must continue to serve as an investment tool to support EU policies, citizens, regions, businesses, and SMEs, while ensuring that spending adds value to the EU and opposing any tendencies towards de-Europeanization. A 'one country, one plan' model could weaken EU policies, reduce transparency, and generate competition.
MEPs also stressed the need for sufficient funding and policies, and independent allocations for national and regional partnership programs, including common agricultural and fisheries policies, as well as remote areas, cohesion policies, the European Social Fund, and internal affairs. Regional and local governments should be fully involved in the planning and implementation of these programs.
On the other hand, support for key programs such as the European Competitiveness Fund (ECF), Horizon Europe, the Connecting Europe Facility (CEF), and the Civil Protection Mechanism should be strengthened, and dedicated funding provided for the 'EU4Health' program under the ECF. At the same time, the European Parliament welcomes the European Commission's proposal to double funding for competitiveness, defense, innovation, digital and green transitions, infrastructure, health, education, and culture.
MEPs also called for strengthening support for Ukraine and funding for multilateral cooperation and humanitarian aid.
Siegfried Muresan, a Romanian MEP and co-rapporteur, stated that today's voting results showed the European Parliament's tone. The budget was increased by 10% by moderately adjusting while balancing new and old priorities. He called on the Council of the European Union to take action, accept the MEPs' proposals, and implement a strong and timely budget.
The EU will subsequently negotiate this budget with national governments. (Editor: Hsieh Yi-hsuan) 1150428
(Central News Agency reporter Wu Bai-wei in Brussels on the 28th) The European Parliament today voted to approve the EU's next 7-year budget, which is approximately 10% larger than the version proposed by the European Commission last July, with a total amount exceeding 2 trillion euros (approximately 74 trillion New Taiwan Dollars). Subsequent negotiations with the governments of member states will commence on this basis.
According to a report released by the European Parliament today, the EU's overall budget for 2028 to 2034 was successfully passed with 370 votes in favor, 201 against, and 84 abstentions. The budget approved by the European Parliament has an overall scale approximately 10% larger than the version proposed by the European Commission, amounting to about 197.3 billion euros, bringing the total budget to 2.01 trillion euros, which will be used to support the EU's priority political matters and strategic goals.
MEPs emphasized that the next EU long-term budget must continue to serve as an investment tool to support EU policies, citizens, regions, businesses, and SMEs, while ensuring that spending adds value to the EU and opposing any tendencies towards de-Europeanization. A 'one country, one plan' model could weaken EU policies, reduce transparency, and generate competition.
MEPs also stressed the need for sufficient funding and policies, and independent allocations for national and regional partnership programs, including common agricultural and fisheries policies, as well as remote areas, cohesion policies, the European Social Fund, and internal affairs. Regional and local governments should be fully involved in the planning and implementation of these programs.
On the other hand, support for key programs such as the European Competitiveness Fund (ECF), Horizon Europe, the Connecting Europe Facility (CEF), and the Civil Protection Mechanism should be strengthened, and dedicated funding provided for the 'EU4Health' program under the ECF. At the same time, the European Parliament welcomes the European Commission's proposal to double funding for competitiveness, defense, innovation, digital and green transitions, infrastructure, health, education, and culture.
MEPs also called for strengthening support for Ukraine and funding for multilateral cooperation and humanitarian aid.
Siegfried Muresan, a Romanian MEP and co-rapporteur, stated that today's voting results showed the European Parliament's tone. The budget was increased by 10% by moderately adjusting while balancing new and old priorities. He called on the Council of the European Union to take action, accept the MEPs' proposals, and implement a strong and timely budget.
The EU will subsequently negotiate this budget with national governments. (Editor: Hsieh Yi-hsuan) 1150428