17 July 05:33
The German government challenges the EU's €2 trillion budget proposal for 2028-2034 as unacceptable in the context of strengthening national budgets.
Ana-Maria Tapescu
International
Foto: pixabay.com
Germany has announced that it will not support the increase in the EU budget proposed by the European Commission for the period 2028-2034, set at €2 trillion. Government spokesman Stefan Kornelius said such an increase is unacceptable in view of member states' efforts to strengthen their national budgets. Germany is also opposed to the additional corporate tax proposed by the commission, which includes a levy on big companies with turnovers of more than €100m. The budget targets, among other things, the reconstruction of Ukraine and a review of agricultural subsidies.
Sources
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