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The EU’s Controversial New Budget Explained

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Learn about how TLDR’s Finances: https://www.youtube.com/watch?v=AeI4C7StAk8

Last month, the European Commission revealed its proposed budget for 2028-2034, the largest budget yet at €2 trillion of EU’s gross national income. In this video, we’re taking a look at the budget and why it’s creating discourse.

📰 Too Long: https://toolong.news/
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Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
Proposed 2028-2034 EU Budget
https://commission.europa.eu/strategy-and-policy/eu-budget/long-term-eu-budget/eu-budget-2028-2034_en
https://european-union.europa.eu/institutions-law-budget/budget/how-eu-budget-spent_en

Draghi Report on EU Competitiveness
https://commission.europa.eu/topics/eu-competitiveness/draghi-report_en

News Articles
https://www.politico.eu/article/european-commission-budget-ursula-von-der-leyen-ukraine-research-defense-technology-agriculture/
https://on.ft.com/3HakbtL
https://www.eunews.it/en/2025/07/16/almost-2-trillion-with-cap-and-cohesion-together-the-proposed-new-2028-2034-eu-budget/

Analysis
https://www.epc.eu/publication/Financing-Europes-Future-Can-the-Commissions-MFF-proposal-deliver/
https://on.ft.com/44YTOjy

Germany Rejects EU Budget Proposal
https://www.france24.com/en/europe/20250717-von-der-leyen-eu-budget-germany-defense
https://www.politico.eu/article/berlin-rejects-commissions-eu-budget-proposal/
https://www.euractiv.com/section/economy-jobs/news/france-defends-e2-trillion-eu-budget-as-germany-and-others-raise-doubts/
https://www.eunews.it/en/2025/07/17/germany-the-netherlands-hungary-von-der-leyens-mff-under-fire-from-multiple-fronts/

00:00 – Introduction
00:54 – Context
01:54 – EU Proposed Budget Explained
05:25 – The Good and the Bad Parts
07:00 – Controversy
07:57 – Sponsored Content

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Other EU

Is this the Beginning of the End for Merz?

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Order a copy of Too Long: https://toolong.news/TL009

The CDU’s disastrous result in Saxony-Anhalt and the ongoing rise of the CDU is calling into question Merz’s leadership and piling on the pressure. In this video, we’ll explain his struggles in office and whether this is the beginning of the end for him.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

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Sources

Merz under pressure
https://www.ft.com/content/48e7b92b-affc-4fd0-8de1-ae8765e5c799?syn-25a6b1a6=1 
https://sg.news.yahoo.com/germanys-chancellor-friedrich-merz-under-082058887.html
https://www.bloomberg.com/news/articles/2026-09-07/merz-moves-to-contain-fallout-from-far-right-rout-in-state-vote 
https://www.dw.com/en/germany-news-most-voters-expect-merz-to-leave-office-early/live-78467416 
https://www.welt.de/politik/deutschland/article6a6c3522ef632fe6ede66624/umfrage-afd-erreicht-rekordvorsprung-in-zdf-politbarometer-70-prozent-bewerten-merz-arbeit-als-schlecht.html 

CDU dissatisfaction with Merz
https://www.spiegel.de/politik/deutschland/friedrich-merz-wie-die-cdu-an-ihrem-kanzler-verzweifelt-a-a67e797f-9d56-4d05-bbee-35cd107094f8 
https://europeanconservative.com/articles/news/merz-faces-mounting-pressure-as-reports-of-cdu-revolt-grow/
https://www.politico.eu/article/friedrich-merz-chancellor-swap-cdu-afd-germany-political-crisis/ 
https://www.dw.com/en/german-chancellor-merz-completes-cabinet-reshuffle/a-78133896 

Saxony-Anhalt election
https://youtu.be/WwX39r6et_s?si=ZEuLPV1R_cgGbnm3 
https://www.bbc.co.uk/news/articles/cpd0113082eo 

AfD in Saxony-Anhalt confirmed as “right-wing extremist”
https://www.tagesschau.de/inland/innenpolitik/afd-verbotsverfahren-verfassungsschutz-union-spd-gruene-linke-102.html 
https://www.deutschlandfunk.de/verfassungsschutz-stuft-afd-sachsen-anhalt-als-gesichert-rechtsextremistisch-ein-106.html 
https://www.mdr.de/nachrichten/sachsen-anhalt/landespolitik/afd-verfassungsschutz-gesichert-rechtsextremistisch-104.html 

German economy
https://youtu.be/5MfwWhJuRQk?si=lLMEhNUckaDtY6NU 
https://youtu.be/cxNV710SPUg?si=JmMOFBEUSt9r2FlX

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Other EU

Why More “Eurobonds” Look Increasingly Inevitable

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Pre-order a copy of Too Long: https://toolong.news/TL009

After years of debate among European leaders, the concept of “Eurobonds” might finally be back on the table to close various fiscal gaps. In this video, we’re taking a look at what Eurobonds are and why it’s their issuance is looking increasingly likely.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

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Other EU

The AfD Win in Saxony-Anhalt: What Next?

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Pre-order a copy of Too Long: https://toolong.news/TL009

Yesterday’s state election in Saxony-Anhalt saw the AfD win in a landslide, falling just short of an outright majority. So in this video, we’ll look at the election, how the AfD pulled off this win and what it suggests about the future of German politics.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

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Sources

2025 snap election results: https://www.bbc.co.uk/news/articles/cx29wlje6dno 
https://www.dw.com/en/german-election-results-explained-in-graphics/a-71724186 

YouGov poll: https://yougov.com/de-de/artikel/53090-ein-drittel-der-deutschen-burgerinnen-und-burger-sieht-ost-west-unterschiede-wahrnehmung-in-ostdeutschland-steigt 

FT charts: https://www.ft.com/content/19530193-b1b3-4f04-adc2-ecd7526bbfa8?syn-25a6b1a6=1 

Election results: https://wahlergebnisse.sachsen-anhalt.de/wahlen/lt26/erg_land.html?v=1788725527356

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Other EU

Why France and Azerbaijan Aren’t Getting Along

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Pre-order a copy of Too Long: https://toolong.news/TL009

We take a closer look at why relations soured between the two countries, and how Azerbaijan has been seeking to undermine France since.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

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Has Meloni’s Immigration Policy Backfired?

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Order a copy of Too Long: https://toolong.news/TL009

Since being elected, Meloni has had a major influence over the EU’s immigration policy, but the new Migration and Asylum Pact may have major consequences for Italy. So what exactly is in the new pact? And has Meloni’s hardline policy backfired?

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

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Sources:

https://newsbriefing.eu/politics/meloni-hardens-migration-rhetoric-as-far-right-rival-vannacci-gains-ground
https://en.ilsole24ore.com/art/number-of-migrants-rises-repatriations-up-34-per-cent-in-the-first-six-months-AJVKjkm?refresh_ce=1
https://home-affairs.ec.europa.eu/policies/migration-and-asylum/pact-migration-and-asylum_en
https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2013:180:0031:0059:en:PDF
https://italytelegraph.com/posts/italy-blocks-80000-migrant-transfers-what-the-eu-pact-really-changes-for-residents
https://www.euronews.com/my-europe/2026/08/21/sweden-plans-to-send-migrants-to-italy-france-and-spain-reject-dublin-transfers
https://www.euronews.com/my-europe/2026/08/21/sweden-plans-to-send-migrants-to-italy-france-and-spain-reject-dublin-transfers
https://www.eunews.it/en/2026/08/12/five-eu-member-states-are-considering-building-a-repatriation-centre-in-uganda/
https://www.lemonde.fr/en/international/article/2024/10/04/giorgia-meloni-pushes-italy-s-migration-strategy-as-a-model_6728172_4.html
https://www.irreview.org/articles/2024/10/27/giorgia-meloni-is-offshoring-migration-to-solve-italys-immigration-concerns-now-the-rest-of-europe-is-interested-too
https://www.frontex.europa.eu/media-centre/news/news-release/frontex-irregular-border-crossings-down-26-in-2025-europe-must-stay-prepared-lyKpVb
https://www.amnesty.org/en/latest/news/2026/08/italy-disastrous-offshore-agreement-with-albania-must-serve-as-a-wake-up-call-to-end-eus-cruel-migration-plans/
https://brusselssignal.eu/2026/08/vannacci-sanchez-is-right-on-immigration-meloni-is-a-fiasco/
https://www.yahoo.com/news/politics/articles/deputy-premier-salvini-rome-not-193326174.html
https://www.euronews.com/my-europe/2026/08/21/sweden-plans-to-send-migrants-to-italy-france-and-spain-reject-dublin-transfers
https://italytelegraph.com/posts/italy-blocks-80000-migrant-transfers-what-the-eu-pact-really-changes-for-residents
https://italianismo.com.br/com-44-meloni-lidera-avaliacao-enquanto-partidos-perdem-espaco/

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