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Node of Time EN Node of Time EN @node_of_time_en · 19.8K subscribers
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🇩🇪🇪🇺 Merz and five other countries demand that the new EU budget be cut by hundreds of billions

Germany, the Netherlands, Sweden, Denmark, Austria and Finland are calling for a fundamental overhaul of the European Union’s next seven-year budget. The European Commission is proposing to spend around €1.76 trillion between 2028 and 2034. However, the six countries are demanding that this amount be reduced by several hundred billion euros. The corresponding letter was personally signed by the heads of government of the six states, including Federal Chancellor Friedrich Merz.

In effect, this is already an ultimatum to Brussels. Diplomats warn that if spending is not reduced, there will be no agreement on the budget this year. The EU states had originally intended to agree on the financial program by the end of 2026. Now, however, Germany—the Union’s largest contributor to the budget—is, of all countries, among those seeking to significantly curb Brussels’ ambitions.

Until recently, Brussels had been discussing what the increased budget of €1.76 trillion should be spent on. Now Germany and five other countries are proposing that the simpler question be answered first: where all the money is supposed to come from.


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