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France 24

EU proposes two trillion euros budget, Germany rejects plan

France 24 · New
France 24
France 24
New

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
PoliticsEconomyForeign Affairs