Netherlands Joins Germany in EU Budget Overhaul Demands
24 Articles
24 Articles
Berlin and the five other EU capitals require Brussels to reduce the EU budget plan for 2028-2034 by "100 billion" euros, reports on Tuesday Financial Times (FT). "The EU Budget needs fundamental reform.
Six major net contributors to the European Union have issued an ultimatum: they will not support the next seven-year budget without spending cuts of hundreds of billions of euros. The German-led group would slash agricultural and cohesion subsidies in favor of defense and competitiveness, a move that most member states, including Hungary, disagree with.
The leaders of Germany and five other European Union countries are demanding a thorough reform of the EU budget, threatening to block approval of the next seven-year budget (MFF) unless spending is cut by hundreds of billions of euros.
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Netherlands joins Germany in EU budget overhaul demands
The Netherlands and four other countries have joined Germany’s demand that the European Union cut “hundreds of billions” in planned spending, or they will not support the bloc’s next seven-year budget. Specifically, the countries want to spend more on Defense and innovative businesses, and less on subsidizing farmers and poorer regions, the Financial Times reported.
BNR Nieuwsradio
Reformatorisch DagbladThe Netherlands, Germany, and four other countries have issued a budget ultimatum to the EU. This is reported by the Financial Times, which has seen a letter from the countries' leaders. They demand that spending be cut by ‘hundreds of billions,’ otherwise they threaten to withhold support for the seven-year budget.
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