In its current plan, the EU commission intends to cut €27 million in funding for Free Software. The article has a link to a questionnaire that you can fill out and express your opinion about the plan. I believe non-EU citizens can participate as well.
As far as I understand it the funds were previously part of the so-called Digital Europe programme which includes funding for a wide range of sectors in the tech industry. The €27 million for free software projects are not included in the latest proposal for renewal. I don’t know why that decision was made. If the money was diverted, then probably towards investments into semiconductor fabs or some AI stuff.