The four things that could make or break the EU in 2024 from new budget to migrant crisis


European Council December 2023 - Day 2

Ursula von der Leyen, EU Commission President (Image: Getty)

As the European Union grapples with an intricate web of challenges in 2024, the stakes are high, and the path forward appears increasingly complex.

Several pivotal areas demand attention and strategic resolution, including the proposed overhaul of the EU budget, Germany’s economic setbacks, the upcoming EU elections, and the persistent migration crisis.

In the face of these multifaceted challenges, the European Union finds itself at a pivotal juncture. Successful navigation through these complexities demands diplomacy, strategic decision-making, and a commitment to unity among member states.

The ability to address these pressing issues will not only shape the EU’s internal dynamics but also determine its role and influence on the global stage.

EU budget overhaul: A struggle for financial transformation

Belgian Prime Minister Alexander De Croo’s proposal for a substantial overhaul of the EU’s financial framework has set the stage for a robust debate.

The call for new democratically relying on countries’ own resources, as opposed to reliance on member state contributions, has found support but faces staunch opposition, primarily from Northern and Eastern European nations.

The proposal’s significance is magnified against the backdrop of negotiations for the EU’s 2021-2027 budget review, impacting critical funding, including aid for Ukraine.

The urgency of addressing the financing issue before the June 2024 election adds a political dimension to an already intricate negotiation process, testing the EU’s cohesion.

European Council December 2023 - Day 2

Germany is experiencing a severe economic setback (Image: Getty)

Germany’s economic setback: Ripples across the Union

Germany, often considered the economic engine of the EU, is confronting a severe setback following a Constitutional Court ruling deeming the use of special funds for energy and green subsidies a violation of the constitutional “debt brake”.

This ruling not only imperils Germany’s crucial green and digital transitions but also restricts its capacity to contribute substantially to the EU budget.

The crisis demands swift action to find alternative financing methods and prevent economic and constitutional unravelling within Germany, with potential repercussions for the entire European Union.

European Parliament in Strasbourg

The upcoming European parliamentary elections in June will be crucial (Image: Getty)

EU Elections: Fear of the unknown and the rise of right-wing populism

The upcoming European parliamentary elections in June were flagged as crucial by EU foreign policy chief Josep Borrell. He expressed concerns that fear of the unknown might drive voters towards supporting right-wing populist parties.

Against the backdrop of conflicts in Ukraine and Gaza, Borrell stressed the need for voters to choose political forces providing clear analysis rather than succumbing to fear.

The outcome of these elections holds significant implications for the EU’s future dynamics and its ability to navigate global challenges, particularly in the context of geopolitical tensions and security concerns.

Speaking to Express.co.uk, Henry Jackson Society’s Research Fellow Dr Helena Ivanov said: “The many elections coming up this year across the EU are likely to see positive results for far-right political parties. Should the centre and left-wing governments not find a way to address their voters’ concerns regarding the living cost crisis and migration, this will be guaranteed.

“Given that the number of migrants entering Europe rose 80 percent last year – seeing a rise from 105,000 to 155,000 in Italy – this issue will be central to every election. How EU officials respond to this challenge in 2024 will have a long-term impact on Europe’s future and stability as the issue is certain to remain prevalent across European politics.”

Migrants transferred from the island of Lampedusa to mainland Italy

EU countries are dealing with an increase in migrant arrivals (Image: Getty)

Migration crisis and asylum externalisation

The escalating migrant crisis in the Mediterranean prompted several EU nations to engage in talks with non-EU countries to externalise asylum processing.

While the New Pact on Migration and Asylum aims to streamline procedures, NGOs criticise it for potentially eroding international protection standards.

Deals with countries like Albania, Tunisia, Morocco, Egypt, and Sudan aim to prevent sea departures, but challenges persist.

Restrictive laws affecting search and rescue operations and concerns about EU cooperation with controversial entities add layers of complexity to the ongoing migration crisis, requiring a delicate balance between humanitarian values and security imperatives.

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