News

The EU chief unveils a new $2.3 trillion budget. Lawmakers say the math doesn't 'add up'
The European Union needs a new budget that would allow it to respond to crises like Russia’s war on Ukraine or climate change ...
The Economist2d
Despite enormous challenges, the EU sticks with its puny budget
Crafting a budget for 27 countries stretching from Lapland to Lisbon is a fiddly process. In fiscal terms the “multi-annual ...
Germany Rejects EU Plan for Beefed-Up €2 Trillion Budget
Germany has rejected the European Commission’s proposal for a significantly expanded €2 trillion ($2.3 trillion) budget, just ...
Germany's Merz says Ukraine unlikely to join EU before 2034
"For us, the absolute top priority is, first and foremost, to do everything possible to end this war," German Chancellor ...
EU eyes defense spending boost in trillion-dollar budget
The European Commission advanced a $2.3 trillion budget proposal that would boost EU defense spending through the next three ...
EU Proposes Joint Borrowing to Finance €400 Billion Crisis Tool
The €400 billion ($463 billion) crisis tool proposed by the European Commission on Wednesday would be financed using joint ...
EU wants farming subsidy cap in budget overhaul, draft shows
Brussels is set to propose capping the EU subsidies a single farmer can receive each year, in an attempt to redistribute the ...