Germany says Costa losing touch ‘with reality’ on EU budget
Gunther Krichbaum said national budgets are under pressure as Germany and northern allies reject new EU taxes and seek deeper cuts.
- Germany's Minister of State for Europe Gunther Krichbaum criticized European Council President António Costa during European Union budget discussions in Brussels on Tuesday, questioning whether Costa had lost touch with reality entirely.
- Costa proposed new EU-wide taxes, known as own resources, to prevent major cuts to the nearly €2 trillion Multiannual Financial Framework running from 2028 to 2034. Germany and northern allies reject this approach, arguing new taxes cannot substitute for significant spending reductions.
- Ireland, holding the rotating presidency of the European Council, is steering these budget talks. Costa visited 25 European governments in recent weeks to gauge support, though these efforts have yielded little result in bridging the divide.
- Negotiators are lobbying Dublin to reflect their preferences in a new negotiating document due in early October. This divide over spending cuts and own resources has shaped the talks for months, intensifying pressure before the deadline.
- Time is running out as European Union leaders aim to strike a deal by year's end. Ministers have been asked to identify where they are ready to compromise on the most sensitive spending and tax issues.
14 Articles
14 Articles
The President of the Council, Costa, looks for resources for the budget. In the viewfinder crypt, gambling and large digital companies. The article "EU responds to the earthquake by preparing a discharge of new taxes comes from The Truth.
Multiannual budget: Germany and the Netherlands already considered the proposed budget for the EU far too high. A proposal for new EU taxes leads to…
The more the days pass and the more that on the next seven-year budget of the European Union 2028-2034 assumes the appearance of a reckoning. On the one hand there are the countries of the North, led by Germany, that demand a drastic cut of the expenditures calculated around the 2 thousand billion euros, on the other who, in order to meet the demands [...] The article EU Budget, Costa proposes new European taxes to limit the cuts and Germany att…
German minister slams Costa over EU budget, says he has ‘completely lost touch with reality’
Time is running out for member states to move closer together on the next seven-year budget, with EU leaders aiming to strike a deal by the end of the year. But efforts by European Council president António Costa to bring capitals together in recent weeks have so far yielded little result.
The German Minister of State for Europe considered this Tuesday that the comments of the President of the European Council on new taxes for the Community budget do not help in the talks between Member States, asking for more realism from Antonio Costa.
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