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"If we want to avoid having to increase many contributions from member states, some of which have internal budgetary challenges, and if we want to avoid reducing the ambition of the European budget, given the need to address these new priorities, then it is important to find new sources of funding for the European budget." Speaking to Portuguese journalists during the presentation of the annual report, the Portuguese member of the Court of Auditors, João Leão, urged "caution" from Brussels at a time of negotiations on the next EU budget for 2028 to 2034. #TribunalContasEuropeu #OrçamentoUE #DívidaComunitária (translated)

The European Court of Auditors recommends budgetary prudence to the European Union in light of the increasing community debt, which could reach one trillion euros by 2027, and calls for a new financing strategy before the negotiations for the 2028-2034 budget. #TribunalContasEuropeu #OrçamentoUE #DívidaComunitária (translated)