5 days ago
Germany Rejects EU's €2 Trillion Budget Plan as Maneuvers Begin
By , Jorge Valero, and Lyubov Pronina
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Germany has rejected the European Commission's €2 trillion ($2.3 trillion) budget proposal, hours after it was announced by European Commission President Ursula von der Leyen in Brussels.
'A comprehensive increase in the EU budget is unacceptable at a time when all member states are making considerable efforts to consolidate their national budgets,' the German government chief spokesman said in a statement. 'We will therefore not be able to accept the commission's proposal.'
