The new EU budget 2028-2034: Bulgaria at the center of European security

08.06.2026 | Finance

Meglena Plugchieva outlined the new EU priorities: competitiveness, defense, and connectivity. How will 2 trillion euros change regional infrastructure and energy?

Снимка от Unknown authorUnknown author, Wikimedia Commons (CC BY 2.5 bg)

New priorities for the EU for the 2028-2034 period

During a conference organized by the Friedrich Ebert Foundation, Meglena Plugchieva presented large-scale changes in the long-term planning of the European Union. The focus is shifting from the Green Deal to competitiveness, industrialization, and strategic autonomy.

"We are in a different geopolitical situation that imposes new solutions and challenges on Europe," noted Plugchieva.

Key investment areas:

Bulgaria and opportunities for the region

Thanks to its geographical location, Bulgaria has the chance to become a key hub for land-based "green" energy corridors and transport links. Plugchieva emphasized the importance of the vertical gas corridor and the modernization of Black Sea ports.

Risks and challenges

Despite the optimism, there are concerns regarding the "increasing centralism" within the EC. The main anxiety is related to the potential cutting of cohesion policy and the common agricultural policy, which could increase economic imbalances between regions.