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EU seeks €2T budget increase; Germany's Merz calls it unaffordable
Süddeutsche Zeitung·DE · EU · BE·about 2 hours ago
German Chancellor Merz signals tough EU budget negotiations, demanding significant cuts while advocating increased aid for Ukraine. This dual stance may strain EU cohesion, as budget reductions could conflict with expanded Ukraine support. The outcome will shape EU fiscal posture and Ukraine funding trajectory.
Entities
German Chancellor Merz is confirmed to be advocating for significant EU budget cuts while simultaneously pushing for increased aid to Ukraine. This dual stance creates a fiscal confrontation with the EU, which is proposing a two-trillion-euro budget increase, deemed unaffordable by Merz. The outcome of these negotiations will determine the EU's fiscal framework and the trajectory of Ukraine funding.