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EU countries repeated calls for a smaller future seven-year EU budget

Shafaqna English- Six fiscally hawkish EU countries on Thursday repeated calls for a drastically smaller future seven-year EU budget.

Friedrich Merz, the German chancellor, hosted a lunch for the leaders of Denmark, the Netherlands, Austria, Finland and Sweden as the negotiations on the European Commission’s proposed €2 trillion EU budget accelerate ahead of an October summit.

“The MFF [Multiannual Financial Framework] will grow to address our strategic priorities, but it can only do so at a moderate pace,” the leaders said in a statement, adding that the budget must be “reduced by several hundred billion euros”.

Sources: Eur Activ

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