EU Summit Ends with Mounting Bills, Unresolved Divisions
40 Articles
40 Articles
After the last summit, which showed how difficult it is to reach an agreement on the budget or any other issue, POLITICO in an extensive report explains why the EU is heading for the “perfect political storm”. Recalling that the bloc is already facing difficulties in reaching an agreement on the largest budget in its history, closing a huge financial gap for Ukraine and managing geopolitical pressures from the US and China, it also faces the ris…
Spain, France, Germany and Italy enter a period of political uncertainty – The 2 trillion euro budget and Ukraine financing are up in the air – “Time is running out,” European officials warn
The growing domestic political uncertainty in the European Union's four largest economies threatens the adoption of the next EU budget, which is estimated to be around 2 trillion euros, while financing Ukraine and growing geopolitical pressure would also require urgent decisions, writes Politico. At last week's summit in Brussels, member state leaders made no progress on the budget, and even the end-of-year political agreement deadline was left …
The intra-political struggle and the upcoming elections in the EU's major economies threaten to paralyse the union's work and disrupt the adoption of a record budget, wrote Politico; the European Union is about to adopt the largest budget in its history, close the financial hole in Ukraine, and cope with geopolitical pressures from the US and China; however, political turmoil in the countries that account for 60 per cent of GDP and the populatio…
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