In his correspondence with European Commission President Ursula von der Leyen, he called for member states to contribute more than the typical 1% of Gross National Income for the upcoming Multiannual Financial Framework (MFF) starting in 2028.

He acknowledged that the current contributions from member states, which constitute only about 1% of the EU's GDP, are insufficient compared to contributions made to the U.S. federal budget.

Key priorities for the EU in the coming years include enhancing competitiveness against major rivals like the United States and China, and transitioning towards a more digital and sustainable Europe.

This statement reflects a shift in perspective among EU member states regarding budget contributions and the need for collective financing mechanisms.

The Portuguese government aims to lead discussions on financing sources and the multiannual financial framework while aligning with Portugal's interests and cohesion policies.

EU leaders are set to meet in Brussels to discuss various pressing issues, including Ukraine, the Middle East, competitiveness, migration, and foreign affairs.

Montenegro believes it is time to break taboos regarding the financing of the EU's budget, advocating for a more integrated and robust financial framework.

During a recent meeting in Brussels, Prime Minister Luís Montenegro advocated for an increase in the European Union (EU) budget, emphasizing the need for greater contributions from member states.

Montenegro stated that the EU requires an annual investment of between €750 billion and €800 billion, highlighting the necessity to enhance financing mechanisms from both member states and private investment.

Montenegro's remarks came in response to criticisms from Mariana Mortágua of the Left Bloc and Rui Tavares of Livre regarding the past actions of Maria Luís Albuquerque related to the BES banking scandal.

He highlighted the importance of Maria Luís Albuquerque, the newly appointed Portuguese commissioner responsible for Financial Services and Savings and Investment Union, in this context.

Montenegro also advocated for the creation of private financing opportunities alongside public contributions, stressing the need for diverse funding sources to enhance EU competitiveness.