Germany and five other EU countries want deep cuts to new €2 trillion budget plan
The European Union's executive arm proposed a €2 trillion, seven-year budget it says will cut Europe's reliance on the US and China.
The European Union's executive arm proposed a €2 trillion, seven-year budget it says will cut Europe's reliance on the US and China.
Latvia's prime minister, Andris Kulbergs, has asked the European Union for 7 billion euros to help cover costs from Russia's war against Ukraine, saying countries near Russia carry too much of that burden.
The European Commission wants a new tax on companies with yearly sales above €100 million, with the money going straight to the EU instead of coming from national governments.
Ten EU governments have warned that the Commission's 'cash-for-reforms' blueprint for the Union's next seven-year budget could penalise regions and hold up payments. Here is who must sign off, and how a disbursement actually gets blocked.