European Council president António Costa gets to work this week rewriting the EU’s seven-year budget, after the bloc’s leaders binned the long-term plan proposed by the Irish council presidency last week.
The budget will be debated by MEPs at the plenary in Strasbourg on Wednesday (21 October), when European Parliament will also vote to allocate €47bn for Erasmus+ instead of the €40bn planned on Thursday (22 October).
A separate vote on Wednesday (21 October) will decide parliament’s position on the EU’s short-term 2027 budget, when MEPs will decide whether or not to ask for €2.7bn more than what council proposed in summer, with extra monies proposed for expanding Erasmus+, agriculture and responding to climate disaster.
Further, MEPs will also decide on disbursing €489m to Mediterranean member states ravaged by storms and flooding, and €1.1m to retrain hundreds of workers laid off in Finland’s paper industry cuts – both on Wednesday (21 October).
This comes after last week in Brussels, where national leaders at their summit binned a long-term budget proposed by the Irish Council presidency. While most wanted to keep budget headroom, a minority of big spending countries wanted to save cash. So while European Council president Antonio Costa gets to work rewriting the 2028-2034 funding plan, MEPs will also make their views on the matter clear.
A debate will also ensue on Tuesday (20 October) on how to respond to escalating Russian provocations off Bulgarian and Romanian coasts where drones have repeatedly violated EU airspace, followed by a vote on Thursday (22 October). MEPs will also ask the commission to explain why it decided to unlock sanctions on luxury Russian furs shortly after it imposed them.
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