"This is a budget for the realities of today, as well as the challenges of tomorrow," European Commission President Ursula von der Leyen said during a press conference. The proposal must still be approved by the European Parliament and EU member states and could undergo changes in that process.

Following are some reactions to the European Commission's proposal on Wednesday for a 2 trillion euro ($2.31 trillion) EU budget for 2028-2034. The proposal places a new emphasis on economic competitiveness and defence while aiming to reform the rules around farm and economic development subsidies.