🇪🇺 Ursula von der Leyen
Von der Leyen joins MEPs in defence of EUs €2 trillion spending plan ahead of summit – EUobserver
What happened
European Commission President Ursula von der Leyen urged EU governments not to make large cuts to the proposed €2 trillion seven-year budget, stating that it would risk cutting into critical priorities. MEPs, including Siegfried Muresan, also expressed concern about unjustified cuts. The commission has proposed a budget worth just under €2 trillion. Some EU countries, including Germany, are demanding hefty cuts.
Why it matters
The EU's budget is a significant issue as it impacts the prioritization of certain policies and funding allocations. The budget's size and scope have significant implications for the EU's ability to achieve its goals. The debate highlights the challenges of balancing competing interests among EU member states.
Key facts
- The proposed EU budget is worth just under €2 trillion.
- The budget is a seven-year plan.
- Some EU countries are demanding hefty cuts to the budget.
- The budget is equivalent to 1.26 percent of the EU's gross national income.
- 17 EU countries signed a joint letter demanding maintenance of certain spending priorities.
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