EU Budget Overhaul: New Competitiveness Fund and Performance-Based Funding
The European Commission plans to radically restructure the EU budget (2028-2034), creating a new competitiveness fund, linking spending to national reforms, and requiring new sources of revenue to cover €25-30 billion in annual debt repayment from the COVID-19 recovery fund.
EU Budget Overhaul: New Competitiveness Fund and Performance-Based Funding
The European Commission plans to radically restructure the EU budget (2028-2034), creating a new competitiveness fund, linking spending to national reforms, and requiring new sources of revenue to cover €25-30 billion in annual debt repayment from the COVID-19 recovery fund.
Progress
44% Bias Score
EU Commissioner Highlights Economic Challenges, Announces Competitiveness Plan
EU Economic Commissioner Valdis Dombrovskis voiced cautious optimism about the EU economy's prospects, despite challenges such as a weak Franco-German axis and geopolitical fragmentation. He emphasized concerns over low productivity and the innovation gap, announcing upcoming proposals to boost comp...
EU Commissioner Highlights Economic Challenges, Announces Competitiveness Plan
EU Economic Commissioner Valdis Dombrovskis voiced cautious optimism about the EU economy's prospects, despite challenges such as a weak Franco-German axis and geopolitical fragmentation. He emphasized concerns over low productivity and the innovation gap, announcing upcoming proposals to boost comp...
Progress
40% Bias Score
EU Criticizes Hungary's Budgetary Plans for Lack of Information and Unreliable Data
The European Commission criticized Hungary's budgetary plans for lacking key information and using unreliable data, potentially delaying the assessment and possibly leading to fines, highlighting a growing conflict between Hungary and the EU.
EU Criticizes Hungary's Budgetary Plans for Lack of Information and Unreliable Data
The European Commission criticized Hungary's budgetary plans for lacking key information and using unreliable data, potentially delaying the assessment and possibly leading to fines, highlighting a growing conflict between Hungary and the EU.
Progress
40% Bias Score
EU Vows Proportionate Response to Potential US Tariffs
The EU will proportionately retaliate against any U.S. tariffs, as stated by its economy commissioner, highlighting the risk of global economic downturn if U.S.-EU trade relations deteriorate; in 2023, the EU exported over \$522 billion in goods to the U.S., exceeding imports.
EU Vows Proportionate Response to Potential US Tariffs
The EU will proportionately retaliate against any U.S. tariffs, as stated by its economy commissioner, highlighting the risk of global economic downturn if U.S.-EU trade relations deteriorate; in 2023, the EU exported over \$522 billion in goods to the U.S., exceeding imports.
Progress
36% Bias Score
EU Criticizes Hungary's Fiscal Plans for Missing Data
The European Commission criticized Hungary's fiscal plans for missing key information and unreliable data, potentially delaying the assessment until mid-January and risking EU sanctions.
EU Criticizes Hungary's Fiscal Plans for Missing Data
The European Commission criticized Hungary's fiscal plans for missing key information and unreliable data, potentially delaying the assessment until mid-January and risking EU sanctions.
Progress
40% Bias Score