'Spending together is not only more effective, it is also cheaper,' says Piotr Serafin, EU budget commissioner
The European Commission has urged the “frugals”, a group of countries pressing for a smaller EU budget, to back off.
Piotr Serafin, the European budget commissioner warned that cuts to his proposed seven-year budget, for 2028 to 2034, would limit the EU’s ability to spend on new priorities and ultimately force capitals to boost national spending.
“As the discussions on our proposal progress, we need to be mindful of the link between having a frugal budget and having a modern budget,” he said at an annual conference on ‘Multiannual Financial Framework’ (MFF) on Thursday.
“The truth is that a more frugal EU budget may not necessarily be modern. Because the risk is that those new aspects of modernity will be the first ones to be chopped.”
