
Ursula von der Leyen’s Multiannual Financial Framework Gamble
On 16 July, Ursula von der Leyen unveiled a bold EUR 2 trillion budget proposal for the EU’s 2028–2034 Multiannual Financial Framework. Aiming to shift priorities toward competitiveness, defence, and strategic investment, the plan marks a significant departure from traditional focuses like agriculture and cohesion. While it reflects her vision of a stronger, more centralised EU, the proposal has triggered internal dissent and sparked backlash from member states. The battle over Europe’s future direction is now firmly underway.

