Chancellor Merz Urges Financial Restraint in EU Budget
28 Articles
28 Articles
Merz says EU should spend less and boost competitiveness
German chancellor Friedrich Merz said spending increases cannot be afforded while budgets are being consolidated at the national level. (EPA Images pic)DUBLIN: German Chancellor Friedrich Merz said Tuesday the EU needs to save hundreds of billions of euros and show more "ambition" on competitiveness as haggling starts over the bloc's 2028-2034 budget.The European Commission has proposed a €2 trillion spending plan for that period but Germany and…
Merz spoke of the creation of new European corporate taxes to finance the Community budget, which is essential for the bloc to keep its weight on the international scene
On the way to Dublin, Friedrich Merz called on the European Union to reduce its future multi-annual budget and accelerate reforms to strengthen the continent's competitiveness The Chancellor
German Chancellor Friedrich Merz said today that the EU needs to save hundreds of billions of euros and show more "ambition" in competitiveness as negotiations on the bloc's budget for 2028-2034 begin. The European Commission has proposed a two trillion euro (286 billion krónur) spending plan for that period, but Germany and other member states of the so-called "austerity" bloc within the EU have made...
Merz called the European Commission's plan "unacceptable and unbalanced"
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