The annual EU budget amounts to about 1% of EU GDP, roughly €180 billion.
Partito Democratico · S&D
8 verified claims
The annual EU budget amounts to about 1% of EU GDP, roughly €180 billion.
€180 billion in economic damage was caused by the heat and wildfires in the summer of 2026.
In the most recent heatwave, more than 1,300 deaths were counted in Europe.
We burn, literally, 500 million euros every day on gas and oil.
In Italy, since the current government took office, there would be 8 billion euros of ETS revenues and only 1.6 billion have been reported.
In Spain last week the wholesale electricity price was 35 €/MWh, while in Italy it was 148 €/MWh
Energy poverty affects 6 million people in Italy alone.
Almost a quarter of food product trade in the Union has cross-border dimensions