Five EU nations demand smaller 2028 budget
Germany and four other net contributors argue the proposed two trillion euro EU budget is unrealistic and urge cuts. Meanwhile Spain offers ideas to free up seventy billion euros by altering recovery fund debt repayments.
Germany joined four other net-contributor states on Friday morning to demand a budget reduction of several hundred billion euros for the 2028-2034 EU funding cycle. The proposal cuts against the European Commission's €2 trillion spending plan ahead of upcoming negotiations. The clash sets up a contentious three-month diplomatic battle over regional subsidies and defense funding priorities.
