[The European Commission to Amend the Long-Term Budget] On November 10 local time, after the European Parliament threatened to block the EU's next long-term budget, European Commission President Ursula von der Leyen informed the President of the European Parliament and the EU's rotating presidency in writing that the long-term budget would be amended. On the 10th, European Commission President von der Leyen stated on social media that she had a constructive meeting with the President of the European Parliament and Denmark, the EU's rotating presidency, to discuss the EU's €2 trillion long-term budget and clarify the direction. In July, the European Commission announced a long-term budget of approximately €2 trillion, focusing on increasing investment in priorities such as defense and competitiveness. According to EU procedures, the budget must be unanimously approved by all 27 member states and subsequently ratified by the European Parliament before it can be implemented. (CCTV News)