Germany and Spain Go Head-to-Head in EU Budget Fight
12 Articles
12 Articles
Five net contributors, including Austria, are calling for a "balanced reduction" of the planned EU budget. An increase of 60 percent is "unrealistic".
The vice president of the government maintains that his proposal would free up to 70 billion in the next financial framework.More information: 'frugal' countries ask to cut the EU budget 'several hundreds of billions' of euros'
The EU budget provides for discussions. Five large net contributors, including Germany, are now opposed to joint debt. The EU's reliability is at stake.
The leaders of the five EU states – Denmark, Germany, the Netherlands, Austria and Finland – called for a reduction of the EU budget proposed by the European Commission by several hundred billion euros, as mentioned in a joint article published in Politico. Danish Prime Minister Mette Fredericksen, German Chancellor Friedrich Mertz, Netherlands Prime Minister Rob Yetten, Austrian Chancellor Christian Stocker and Finnish Prime Minister Pettery Or…
Germany, Denmark, the Netherlands, Austria, and Finland, which finance 40% of the EU budget, have objected to the proposed budget of approximately €2 trillion for the 2028-2034 period. The five countries want the budget to be reduced by several hundred billion euros and the resources redirected to defense, security, and competitiveness.
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