Economy

EU Announces Major Budget Increase for Migration and Border Management to Strengthen Shared Responsibilities

EU Triples Investment in Border Security and Migration Management

In a significant move to address migration and border security, European Commission President Ursula von der Leyen revealed plans to triple the budget for these critical areas. This announcement was made during her presentation of the new EU Budget for 2028-2034, highlighting the bloc's commitment to shared responsibilities and rapid response capabilities.

Enhanced Solidarity and Investment in EU Goals

President von der Leyen emphasized the importance of the solidarity fund, which will also see a threefold increase, enabling swift and decisive action in times of disaster. Additionally, the budget proposal introduces a groundbreaking opportunity for member states to invest up to €150 million in EU targets, covering defense, energy, and technology sectors.