RT @POLITICOEurope: The relentless backroom operator pulling the levers on the EU’s budget.

Italy also requested SAFE loans at the last-minute. It asked up to €15B over the next five years.

NEW: 17 countries request over €120B EU defense loans before Tuesday’s soft deadline . Who’s in:🇧🇪 🇧🇬 🇨🇾 🇨🇿 🇪🇪 🇪🇸 🇫🇮 🇭🇺 🇱🇹 🇸🇰 🇱🇻 🇭🇷 🇵🇱 🇬🇷 🇵🇹 🇷🇴🇫🇷. More details 👇🏻.

Poland alone is requesting €45BN under the SAFE defense scheme. That’s almost a third of the €150BN budget for the whole EU.

RT @izakaminska: Here’s the unpaywalled version of our story by @GregSorgi in which the EU admits the $600 bn investment it just promised T….

EU officials admit they can't guarantee $600 billion extra investments to the U.S. “It's based on the intentions of the private companies,” said Commission official . Translation: it's more about window dressing, than concessions to U.S. Story 👇.

RT @POLITICOEurope: This week, the European Commission unveiled its sweeping new seven-year budget proposal. On the new episode of EU Conf….

RT @POLITICOEurope: As part of her proposed next EU budget, Ursula von der Leyen announced a tax on large businesses. But with the ink on….

NEW: Here’s how much money each country will get under the new MFF national plans (covering agri, cohesion and migration funds) . Poland, France and Spain top the ranking in absolute terms 👇🏻.

An unlikely union between a Romanian Socialist, an Italian right-winger and a Luxembourgish moderate whose brother is a farmer demanded major budget concessions from VDL. “They all managed to save face,” said an official. Here’s how they pulled it off 👇🏻.

This Commission has made a disturbing habit of feeding us made up figures at the last minute. First came the fantasy €800 BN extra spending for defense. Now comes the “historic €2 TN budget” where the sum of the programs is … €1.816 BN. Quite ridiculous.

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RT @JorgeLiboreiro: How did the European Commission arrive at the €2 trillion EU budget?. Regional funds: €865 billion.Competitiveness: €41….

Latest on MFF negs: Heads of cabs are still meeting and Serafin expected to present proposal to MEPs at 12:30. BIG change overnight is guaranteed minimum funding to poorer regions. If confirmed, this would dilute VDL's reform and hand win to regions . But nothing is agreed . .

NEW: Commission is considering MFF proposal of €1.717 TN for 2028-2034, according to doc seen by POLITICO. Figures might still change overnight, but this would mean increase of EU budget from 1.1 p/c to 1.23 p/c of GNI.

RT @POLITICOEurope: Ahead of her unveiling of the new EU budget tomorrow, Ursula von der Leyen has delivered a series of last-minute conces….

EU dropped plans to levy a tax on digital companies, handing a win to Trump & U.S. tech giants, according to doc on new budget. It proposed new taxes on: non-recycled electric waste, tobacco products and large companies with turnover of > €50 million.

EU will tighten the screws on countries breaching rule of law, according to a doc on next budget. Brussels plans to extend conditionality to the whole of the budget - meaning that Hungary/Slovakia risk losing even more EU money.

RT @POLITICOEurope: Center-left lawmakers will not support Thursday’s motion of no confidence in Ursula von der Leyen, giving a timely boos….

RT @POLITICOEurope: European Commission President Ursula von der Leyen has promised more power for EU regions in an effort to quell a brewi….

EXC: EU will link development aid to Africa to measures to stem migrant flows to Europe, according to draft doc on the new budget . Brussels also said that money for Ukraine's reconstruction will be a separate pot from the rest of global aid. Story 👇.