# EU budget and housing funding debates

> Live situation record from CLSTR: https://clstr.news/situations/eu-budget-and-housing-funding-debates
> Updated: 2026-10-12T09:58:49.000Z. Sources: 4. Developments: 2.

Giorgos Avtias, a Member of the European Parliament for New Democracy, has engaged in debates regarding European Union financial priorities. In September 2026, Avtias opposed a proposal from six northern countries to reduce the 2028-2034 multiannual budget by €400 billion, warning that such cuts would be a “tragic event for the European economy” and could cause “economic fragmentation.”

By October 2026, the focus shifted toward specific social needs, with Avtias calling for a doubling of EU housing funds to combat housing and demographic crises. He criticized existing bureaucracy, stating that obtaining building permits currently feels like needing “100 prayers,” and advocated for direct funding for young couples, tax incentives, and renovation support.

## Timeline

### 2026-10-12: Giorgos Avtias calls for doubling of EU housing funds

MEP Giorgos Avtias urged the EU to double housing funds to combat housing and demographic crises, proposing tax incentives and reduced bureaucracy.

2 sources. https://clstr.news/cluster/giorgos-avtias-calls-for-doubling-of-eu-housing-funds

### 2026-09-16: Giorgos Avtias opposes €400 billion EU budget cuts

MEP Giorgos Avtias opposed a proposal by six northern EU nations to cut €400 billion from the 2028-2034 budget, warning of economic fragmentation.

2 sources. https://clstr.news/cluster/giorgos-avtias-opposes-400-billion-eu-budget-cuts

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Cite as: EU budget and housing funding debates. CLSTR, https://clstr.news/situations/eu-budget-and-housing-funding-debates