Germany and the frugal countries flatly reject the Spanish proposal for the European budget
Merz y el resto de países de ese grupo reclaman recortes de cientos de miles de millones y se niegan a considerar el plan de Cuerpo para reestructurar el pago del fondos de recuperación
Germany, under Chancellor Friedrich Merz, has rejected proposals for a more ambitious European budget for 2028-2034. The proposal, led by Spanish Vice President Carlos Cuerpo, aimed to re-structure interest payments on Next Generation Funds, potentially freeing up €70 billion for priority areas such as defense and competitiveness.
Merz's response aligns with Germany's historical stance on fiscal conservatism, echoing former Chancellor Angela Merkel's approach during the Great Crisis. Germany's position prioritizes budget cuts over increased spending.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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