Germany not satisfied with Ireland's proposal to cut EU draft budget
Chancellor Merz and a group of six large donor countries see an agreement still far away.
Germany and its European allies have rejected Ireland's proposal to cut the European Union's next seven-year budget by around 8%. The Irish presidency had suggested cutting the EU Commission's proposal by €159 billion, but Germany and six other countries, including Sweden and Denmark, are pushing for deeper cuts of several hundred billion euros.
The EU Commission's proposal is nearly €2 trillion, and the six countries, which contribute 40% to the budget, want a more frugal approach. The budget will be discussed at an EU summit in Brussels on Thursday and Friday, with the goal of reaching an agreement by the end of the year.
Written by urgent.news from Politico EU's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
