Germany demands cutting the EU budget by hundreds of billions of euros and rules out new joint borrowing
Germany's Permanent Representative to the EU, Thomas Ossowski, told Euronews that the European Commission's proposal for the long-term budget 'was too high' and requires a cut of 'at least several hundred billion euros.' Berlin rejects new joint borrowing and an EU-level tax, but is ready to discuss new own resources. The goal is to reach a deal before Christmas.
Javlon Tursunov