Merz likely to reject €2 trillion EU budget proposal at summit, expects tough negotiations and a deal by year's end

German Chancellor Friedrich Merz is likely to reject the €2 trillion EU budget proposal at the summit, according to Welt. Merz says he expects very tough budget negotiations, noting no EU member can afford the current proposal, and does not expect an agreement on the long-term EU budget this weekend, though he hopes for a deal before year's end.

Detected & updated continuously · Source: Nebula