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Fon de la Ligne opposes EU budget cuts
European Commission President Ursula von der Leyen issued a warning about a significant reduction in the European budget scheduled for the 2028-2034 period, which is estimated at 2 trillion euros. She expressed concern that potential cuts could threaten the EU's core priorities, such as innovation and defense. The Commission suggests increasing the EU's own resources through environmental taxes and tobacco levies to help finance these priorities, amidst a dispute between fiscally conservative countries demanding a smaller budget and others described as advocating for a more generous budget to support farmers, social programs, and regional development. Discussions on new sources of funding are set to take place at the European Union summit on October 15-16 in Brussels.
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