
Europe’s €2 Trillion Budget Buys Less Investment, Not More
Sonja Hennen and Dominika Biegon
Once NextGenerationEU expires, the EU’s real fiscal capacity falls, leaving a €300 billion annual investment gap.
Author profile

Sonja Hennen is a Policy Advisor for European Transformation Policy at the German Trade Union Confederation. Her work focuses on EU cohesion and structural policy, including regional development and investment strategies, as well as just transition policies to support workers and regions affected by climate and industrial transformation.

Sonja Hennen and Dominika Biegon
Once NextGenerationEU expires, the EU’s real fiscal capacity falls, leaving a €300 billion annual investment gap.

Sonja Hennen and Dominika Biegon
The EU’s proposed long-term budget sacrifices the very regional investment and social resilience that underpin competitiveness.