The leaders of Germany, the Netherlands, Sweden, Denmark, Austria, and Finland have called for a fundamental reform of the EU's next seven-year budget and a reallocation of resources toward the military sector and innovation.

The Financial Times reported this, citing sources.

The proposal entails cutting funding for farmers and subsidies to poorer EU nations—expenditures that traditionally account for about two-thirds of the European Union's budget.

@ukr_leaks_eng