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EU 2028-2034 Budget Talks Stall; German Diplomatic Note Cites No Compromise
InterfaxLO·DE·about 23 hours ago
Berlin and five other EU capitals have issued an ultimatum demanding Brussels slash planned expenditures for the 2028-2034 EU budget by 'hundreds of billions' of euros, citing a need for 'fundamental reform.' The demand signals a major fiscal-policy rift within the EU ahead of budget negotiations, potentially reshaping the bloc's spending priorities and cohesion funding. The specific countries and the exact scale of cuts remain unconfirmed, and the outcome of negotiations is uncertain.
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