Germany blocks from the Leyens EU household: 2 trillion euros in danger!

Germany blocks from the Leyens EU household: 2 trillion euros in danger!

In the current political landscape of Europe, there are eventful times, especially as far as the upcoming EU budget is concerned. EU Commission President Ursula von der Leyen has presented a bold proposal for a long-term household increased to two trillion euros, which is to cover the period from 2028 to 2034. According to information from DW would like the new household to be increased in view of the challenges for Europe. This sum represents an increase of 700 billion euros compared to the current budget.

Not all member states agree to this proposal. The German government, led by Chancellor Friedrich Merz, has a clear position: Such an increase in the EU budget cannot be conveyed in the current budget situation of the member countries. Government spokesman Stefan Kornelius underlined that the financial scope is currently limited and that new sources of income are necessary to relieve national households. A comprehensive expansion of the budget is not feasible in the current situation, as well as Welt reported.

The conversion of the EU budget

from the Leyen's proposal provides for a clear restructuring of the budget in three main pillars. 865 billion euros for agricultural, fishing, cohesion and social policy are to be made available. Furthermore, 410 billion euros are scheduled for competitiveness, research and innovation, as well as 200 billion euros for external measures, of which 100 billion euros are provided for the reconstruction of Ukraine. This structure is intended to ensure that the household is more flexible and strategy, especially with regard to the experiences of recent years, such as the Covid 19 pandemic and the Ukraine conflict. Euronews stands up for this to also be used for new taxes, tobacco and tobacco Company profits are planned to generate additional income.

Nevertheless, the mood is tense and a political dispute between Member States and the European Parliament is to be expected. Leading business representatives and politicians in Germany also express concerns about the planned corporate taxes, which ensures additional resistance. The need to increase competitiveness and to strengthen the willingness to defend in Europe is generally recognized.

A look into the future

How it goes on remains to be seen. The conversations on this comprehensive proposal will be long and complicated, since everything has to be checked by the member countries and the European Parliament. In the meantime, the Federal Government makes it clear that the reform approach and the realignment of the budget are quite praised, but it is urging a course that takes into account the current economic conditions.

Apart from the discussions about the EU budget, there are also other international developments to consider. Chancellor Merz has signed a friendship contract with the British Prime Minister Keir Strander, who is intended to consolidate the relationships between Germany and Great Britain in foreign and defense policy. In the Syria conflict, too, there were recently reported ceasefire agreements as well as serious fights that have already requested the 360 fatalities.

Conclusion: It will remain exciting to follow how the EU budget debate will develop and which compromises can be found in order to meet both the needs of the member states and the challenges of time.