EU Budget Crisis: Major Deadlock Shakes Brussels Summit
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The Heads of State and Government, meeting in Brussels, have failed to reach agreement on the Multi-annual Financial Framework, that is, we are in a situation where the EU's long-term budget (2028-2024) is blocked and have postponed the deadline for approval provided for in the initial agreements, that is, the end of this year.
EU Budget Crisis: Major Deadlock Shakes Brussels Summit
Brussels, 18 October, (Brussels Morning Newspaper) – The EU budget crisis has intensified after European Union leaders concluded a two-day summit in Brussels without reaching an agreement on the bloc’s proposed €1.62 trillion long-term spending framework. Disagreements over …
"It is not acceptable, not by far." With that phrase, Pedro Sánchez expressed his rejection of the latest proposal (from the Irish presidency of the Council) on the new EU budget.
The comparison on the European Union's multi-annual budget for the period 2028-2034 complicates following the disputes expressed by several Heads of Government to the proposal submitted by the Irish Presidency of the Council. While some Member States call for a reduction in expenditure, the European Parliament insists on the need for new revenue, keeping among the options also the introduction of [...]
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