GeopoliticsNotableReportedDeveloping
7.3
Frugal states led by Germany push to cap EU budget ahead of summit
Le Monde·DE · FR · NL·about 20 hours ago
At the EU summit, German Chancellor Merz, representing the largest net contributor, is advocating for budget cuts through 2034, clashing with other negotiators who view the proposal with incomprehension. The budget under discussion is up to two trillion euros. This signals a potential shift in Germany's fiscal stance within the EU, but the outcome remains uncertain as negotiations are ongoing.