Germany Labels EU Budget 'Unaffordable', Calls for €400 Billion Reduction

Deep News07-01 08:02

An internal German government document seen by media on Tuesday reveals that Germany is demanding a €400 billion (approximately $456 billion) cut to the European Commission's proposed €2 trillion budget for 2028-2034, warning that the current plan is "unaffordable."

As the EU budget requires unanimous approval from all 27 member states, Germany's strong opposition signals challenging negotiations ahead. Berlin warned in the document that "an agreement is impossible under these circumstances."

As the EU's largest net contributor, Germany has expressed concern over the proposed size of the next seven-year budget. The new budget represents a significant increase compared to the €1.3 trillion budget for the 2021-2027 period.

Berlin argues that even with its proposed €400 billion reduction, the new budget would still be 27% larger than the current one, which would push Germany's annual contribution above €50 billion.

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