Germany, Sweden and Allies Demand EU Budget Cut by Hundreds of Billions

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Germany, Sweden and Allies Demand EU Budget Cut by Hundreds of Billions
Photo: Markus Schreiber/AP/TT

German Chancellor Friedrich Merz received his counterparts from Austria, Denmark and Finland in Berlin on Thursday, and Sweden and the Netherlands joined him digitally. In a joint statement afterwards, they set out their demands for the budget for 2028–34.

"The long-term budget will increase to address our strategic priorities, but it can only do so at a moderate pace. To reach an acceptable landing spot, the Commission's proposal of almost €2 trillion needs to be reduced by several hundred billion," the countries write.

The statement also backs concluding the negotiations this year.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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