The €1.6tn Battle for Europe: Inside the EU’s Biggest Budget Fight in Years
6 Articles
6 Articles
It took hours and the discussion was partly fierce and loud. In the end, the result was that the EU Heads of State and Government did not agree on the next seven-year budget for the 27 Member States.
An agreement on a new European budget is still a long way off. The leaders of the 27 EU countries attempted to move closer together during the European summit in Brussels last night, but have not yet succeeded. "We are facing very difficult negotiations," said German Chancellor Merz ahead of the talks. Once every seven years, all EU countries must reach an agreement on a new budget. Currently, they are discussing the EU budget for the period fr…
Antonio Costa will now take over the conduct of the negotiations and will now work with the European Commission and the Member States on an updated proposal for a negotiating framework.
Chancellor Friedrich Merz dampens the hope for an agreement at the EU summit. Germany categorically rejects the XXL budget and more bureaucracy.
The leaders of the European Union (EU), meeting today in Brussels, defended a "in good time" agreement on the long-term Community budget from 2028 to 2034, but did not set a deadline for concluding the negotiations.
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