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Building partnerships for a stronger Europe in the world 

The Commission proposed a budget for 2028–2034 that aims to strengthen the EU's global role. Key priorities include 

  • more support for countries that want to join the EU
  • flexible and ongoing aid for Ukraine
  • continued investment in peace, security, and global partnerships.

It’s a budget that reflects Europe's values - and its responsibility in the world, contributing to sustainability, competitiveness and economic security.

Key figures

€200 billion total funding for the Global Europe Instrument
€100 billion proposed support for Ukraine
€15 billion reserve within Global Europe for crises and unforeseen needs

Introducing the Global Europe instrument

To streamline funding for external actions, the EU will launch a Global Europe instrument worth €200 billion for the period 2028–2034. This instrument aims to

  • maximise the impact of EU actions abroad, powering Global Gateway
  • improve the visibility of EU support in partner countries
  • increase support to candidate countries preparing for EU accession.

It will also include a €15 billion reserve to respond quickly to emergencies and unexpected needs.

Continued support for Ukraine

The proposed long-term budget reaffirms the EU's commitment to Ukraine by mobilising up to €100 billion between 2028 and 2034, depending on the needs. This funding will be

  • flexible, to meet changing and unpredictable needs
  • separate from military support, which remains under the European Peace Facility.

Investing in peace and security

The proposed budget also allocates €3.4 billion to support Common Foreign and Security Policy (CFSP) initiatives. These funds will contribute to

  • preserving peace and international security
  • promoting democracy, the rule of law, and human rights
  • advancing international cooperation.

What this means for the EU

The EU’s new budget is about real action that helps protect our future and Europe’s place in the world.

More impact for our money

The EU funds will be used smarter to close global funding gaps and speed up progress on key goals like climate action, healthcare, and education worldwide.

Stronger global partnerships

The EU will invest in partnerships that support global development and help strengthen Europe’s economy and competitiveness.

Joint solutions to shared problems

From managing migration to promoting peace and stability in neighbouring regions - the EU is working with others to build a safer future for all.

Standing up for European values

The budget will support humanitarian aid, democracy, human rights, and help countries prepare to join the EU.

Learn about other budget priorities

This page was last reviewed on 15 January 2026