Six EU States Push for Major Cuts to Bloc Budget
The leaders of the Netherlands, Germany, Sweden, Denmark, Austria and Finland rejected the European Commission’s proposed spending plan, arguing that it would raise the EU budget by 60%.
They described the proposed increase as "unrealistic" from both political and economic perspectives, saying it conflicts with the spending restraint required in several member states.
The six countries therefore urged the EU to lower the proposed budget by "several hundred billion euros."
They also demanded a comprehensive review of how EU funds are allocated, with spending directed toward security, defense, economic competitiveness, innovation and efforts to combat illegal migration as part of what they described as a strong and independent Europe.
In a letter sent to Ireland, which currently holds the rotating EU presidency, the leaders said the revised budget must be set at a level that can be realistically financed without taking on additional debt.
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