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Germany Rejects EU Plan for Beefed-Up €2 Trillion Budget

Summary by Bloomberg
Germany has rejected the European Commission’s proposal for a significantly expanded €2 trillion ($2.3 trillion) budget, just hours after it was announced by Commission President Ursula von der Leyen in Brussels.

24 Articles

German Chancellor Friedrich Merz said on Friday that negotiations on the next European Union budget are likely to be extremely difficult because his government has rejected the European Commission's initial proposals.

·Estonia
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The President of the European Commission proposes a two-billion-euro budget for the years 2028 to 2034. Not only in Germany, the enthusiasm is limited. What costs are now being faced: an overview.

·Munich, Germany
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Lean Left

The largest contributor, Germany, rejects the EU's multiannual financial framework as envisioned by Ursula von der Leyen.

Center

The European Commission wants to open part of its EU budget proposal, worth EUR 2,000 billion in the period 2028-2034, to finance nuclear energy projects, a move that will most likely create divisions among Member States, which will be immediately rejected by Germany by Reuters, taken by Agerpres.

·Romania
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Lean Left

Finance Minister Klingbeil is slowing down the EU Commission. Governments are coming up against proposed expansion of EU spending to two trillion euros from 2028 to 2034

·Vienna, Austria
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Bias Distribution

  • 56% of the sources lean Left
56% Left
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vz.lt broke the news in on Thursday, July 17, 2025.
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