Overview

• The European Commission’s draft seven-year framework for 2028–2034 totals €2 trillion, a 60 percent increase over the current budget.
• Under the proposal, Germany’s contribution could climb to €420–450 billion, raising its net annual payment by about €50 billion.
• The plan abolishes national rebates and relies on new own resources—including emissions trading, the CBAM, e-waste levies, tobacco plus large-firm taxes—to raise roughly €65 billion per year.
• It earmarks €150 billion for a European Defence Fund and aims to mobilize €800 billion in collective rearmament through joint procurement.
• Intergovernmental and parliamentary negotiations now begin, requiring unanimous member-state approval despite vocal opposition from Berlin.