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Spanish Presidency: New proposal for EU financial framework

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Published: December 6th, 2023,
Last updated: May 30th, 2025

Spanish Economy Minister Nadia Calviño in conversation with her French colleague Bruno Le Maire.

The Spanish EU Council Presidency has made another attempt to get the stalled negotiations on the mid-term review of the multi-annual EU budget back on track. According to a document obtained by Contexte, Madrid is aiming to make cuts compared to the EU Commission’s proposal, with only the budget item for aid to Ukraine remaining untouched. In total, the Commission had estimated additional costs of almost €66 billion until 2027, including the subsidies to Ukraine, whereas the Spanish Presidency only envisages €51 billion for this period.

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Migrationspolitik