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Chancellor Merz: Europe Is Able to Act in Foreign and Economic Policy

Summary by CNN Greece
The assurance that Europe is able to act in both foreign and economic policy and that it will meet its obligations, although as he stated, "there are many...More...
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The EU's next multiannual financial framework (MFF) must provide sufficient room for manoeuvre to allow the community to respond to unforeseen crises, European Commission President Ursula von der Leyen said at a press conference closing the EU summit on Friday.

He reiterated his position on cuts in the upcoming EU budget.

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European Commission President Ursula von der Leyen has criticised a new proposal for the EU's future multiannual budget, which she says significantly limits the flexibility that allows the European Union to respond to unforeseen crises. She made the remarks at a press conference after a two-day EU summit in Brussels. The Irish presidency's proposal is rejected by Sweden, for example, and German Chancellor Friedrich Merz does not like it either. …

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The proposal by the Irish Presidency of the EU Council for a new multi-year merger budget may effectively prevent the European Union from being flexible ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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The assurance that Europe is able to act in both foreign and economic policy and that it will meet its obligations, although as he stated, "there are many...More...

·Greece
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Convinced that Europe is able to act in foreign and economic policy, responding to its obligations, the German Chancellor.

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Business Daily broke the news on Friday, October 16, 2026.
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