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Tuesday
23
Jun 2026
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EU: Towards a mammoth budget of close to €2 trillion – Which sectors are boosted?

Draft for the new 7-year budget reaches €1.98 trillion, boosting spending on defence, competitiveness and agriculture, amid tough negotiations and economic pressures - Ten crucial questions on the EU budget (charts)

“Social and Economic Decline”: Outrage in France over Bayrou’s austerity plan – Le Pen again threatens motion of no-confidence

The French Prime Minister announced, among other things, a freeze on social spending, €5 billion in cuts to public healthcare, and the elimination of two public holidays

“Green light” for 4 new strategic investments of €290 million in industry and tourism by the Interministerial Committee

The four investment projects are expected to create 316 new jobs

500MW of electricity from Attica to Crete with the new large interconnection

The maximum power that each of the two cables can support was reached

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