Germany Rejects New Long-Term EU Budget Proposal as Unacceptable
19 Articles
19 Articles
Germany and its European allies considered Ireland's proposal to reduce the EU budget proposal for the next seven years to be insufficient, writing Politico. Germany and its European allies rejected Ireland's proposal to reduce the EU's seven-year budget by 8% as insufficient, wrote Politico. On Saturday, Ireland, the EU presidency, proposed to reduce the draft budget for 2028 - 2014 by 159 billion euros. While a coalition led by the Federal Rep…
A heated debate is expected at the EU summit next week.
In the EU, the dispute over the next long-term EU budget continues to intensify. On Saturday, Chancellor Friedrich Merz rejected a new concept of the current Irish Presidency as unacceptable just a few hours after its publication.
A new EU budget proposal is supposed to "bridge the many differences" between EU member states. But just hours after the proposal was presented, several European capitals are throwing it out the window. "We cannot solve the challenges of the future with a budget from the past," says Finance Minister Peter Hummelgaard.
The European Union member states are on a collision course over the new multiannual budget for the period 2028-2034, as Germany rejects the proposal of the Irish presidency and… The EU member states are on a collision course over the new budget – Berlin calls for deeper cuts
“The EU budget must be affordable for those who bear the brunt of the funding,” Mertz said.Ireland's proposal for the European Commission's 2028-2034 budget, which provides for €141 billion in cuts equivalent to 8% of the Commission's original proposal, was torpedoed by both Germany and its allies with their attitude and the answers they have given since Saturday 10/10. “We are still a long way from an agreement. The amount of the new proposal i…
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