Walter BloombergGeopolitics

GERMANY REJECTS EU’S €2 TRILLION BUDGET PLAN Germany is demanding a €400 billion cut to the EU’s proposed €2 trillion budget for 2028–2034,…

GERMANY REJECTS EU’S €2 TRILLION BUDGET PLAN Germany is demanding a €400 billion cut to the EU’s proposed €2 trillion budget for 2028–2034, calling it unaffordable. As the bloc’s biggest net contributor, Berlin says the plan would still be 27 % larger than the current budget and warns no deal is possible without major changes. Any budget agreement requires unanimous approval from all 27 EU members.
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