Chancellor Merz Urges Financial Restraint in EU Budget
36 Articles
36 Articles
Brussels' megalomaniacal budget plans must be reduced by hundreds of billions. With this demand, German Chancellor Friedrich Merz is increasing the pressure on Ireland, the current holder of the EU Presidency.
As disputes over the European Union's (EU) 2028-2034 budget rage, German Chancellor Friedrich Merz said on Tuesday that the 27-nation bloc must cut spending by hundreds of billions of euros and show more ambition on competitiveness.
German Chancellor Friedrich Merz has begun efforts to reduce the future European Union budget. During a visit to Dublin, he urged Irish Prime Minister Michael Martin to encourage the EU presidency to pursue a more cost-effective financial proposal than the one presented by the European Commission. Merz calls for savings in the future European Union budget. According to the German government, the European Union should not increase spending becaus…
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
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