Ultimatum From the Germans: They Would Cut the EU Budget by Hundreds of Billions of Euros – the Stakes Are High for Hungary
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EU governments are preparing for cuts of more than 100 billion euros in the next long-term budget, Politico reported, citing four diplomats familiar with the negotiations. The Irish presidency of the EU Council is expected to present a new negotiating document with updated budget parameters next week. Some countries fear that it will reduce funds for priority areas for them, including subsidies for farmers and regional funding. Negotiations on t…
▶ Tough bargain for 2 trillion euros ▶ Six countries demand drastic spending cuts and a shift of resources to defense and innovation The European Union is entering a head-on collision course with Brussels in view of negotiations for the new seven-year budget (2028-2034). German Chancellor Friedrich Merz, coordinating his moves with the leaders […]
Germany and five other EU member states want to achieve a significant reduction in the EU budget starting in 2028. The change could also affect Hungary, as our country is a member of the group of 17 member states that wants to increase cohesion and agricultural support.
EU net contributors demand budget cuts of "hundreds of billions of euros".
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