It has been revealed that the EU is considering spending €1.1 billion to renovate one of its main offices. The Justus Lipsius headquarters, in Brussels, is used for meetings between top European diplomats but there are concerns about its security levels.
The European Council argues in internal documents that the centre, located opposite from the European Commision, “falls within the category of worst performing buildings”. They added that the building needs “better blast protection” due to increased security threats. However, the proposed renovation comes at a time where finances are tight across the continent, with countries such as Germany ruling out further spending in the next budget.
As reported by Euractiv, the cost of renovating the Justus Lipsius building is around €803 million. However, the Council could take out a loan to cover the project with interest repayments expected to be over €300 million, bringing the total cost over €1.1 billion.
The Council is set to outline recommendations for the first phase of the project by the end of this year or early next year. The plans, submitted to authorities in Brussels, will cover the tender process and the formal building permit request.
If all goes to plan, construction work could begin in 2029. The work will continue until 2035 before the building reopens in the following year.
According to the documents, EU member countries are yet to pose any “major objections” to the plans. However, the EU is continuing to balance its financial needs with available resources.
The bloc is facing new challenges such as defence and security alongside existing commitments like agricultural funding. The 2028-2034 budget, aimed for nearly €2 trillion, is expected to cut traditional spending areas.
There is friction between member countries with some, including Germany, believing the proposed increase is unfeasible. However, the likes of Spain and France have different priorities.
The new budget may also include new taxes, such as a plastic tax and carbon taxes. It is hoped they will raise extra revenue without putting pressure on budgets.