Ursula Von Der Leyen proposed the "most ambitious" €2 trillion ($2.3 trillion) 2028-2034 budget to counter overseas competition and Russian aggression, but Germany, the bloc's top economy, rejected it as unacceptable.
Breakdown
- Germany rejects the EU's €2 trillion budget proposal as unacceptable.
- The Netherlands and Sweden also criticize the budget's size and focus. 18s
- Members of the European Parliament raise concerns about transparency and democracy. 33s
- Ursula von der Leyen says the budget aims to strengthen Europe's security and independence. 49s
- The budget requires unanimous approval from all 27 EU members and the parliament. 1m 39s