EU's von der Leyen says new budget fit for 'new era'
She added that the plan proposes a shift in how the EU organises key funds, while linking funding closely to the rule of law and keeping member state contributions steady.
The proposal aims to triple the budget for migration and border management and to double the Horizon research fund, while 35% of the budget would be spent on climate and biodiversity.
An agreement on the new EU budget requires backing from all 27 member countries and sign-off from the European Parliament.
($1 = 0.8645 euros)
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