Reference News, July 17 - According to AFP, on July 16, the European Commission disclosed a long-term budget proposal of 2 trillion euros for the period from 2028 to 2034, with additional funding for competitiveness and defense. However, this budget plan was immediately opposed by Germany, the largest economy in the EU, which considered the budget increase "unacceptable."
European Commission President von der Leyen said when introducing the budget plan that it is the "most ambitious" budget in the history of the EU. This will also open up two years of arduous negotiations among EU member states.
The report said that the EU's budget proposal has caused dissatisfaction among many countries. Stefan Kornelius, a spokesperson for the German government, said in a brief statement: "The EU significantly increasing its budget is unacceptable because all member states are striving to stabilize their own budgets. We also do not support the EU Commission's proposed additional taxation on businesses."
The Dutch government also considers this budget "too high."
The report also said that after more than three years of the Ukraine conflict, this EU budget emphasizes a greater focus on defense (a total of 131 billion euros), and promises to allocate 100 billion euros to help Ukraine from 2028 to 2034. However, this move has angered Hungary's Prime Minister Orbán.
Orbán accused: "Ukraine may receive a large amount of financial aid, but EU countries' farmers may become the losers."
The common agricultural policy of the EU is also a topic of discussion. The EU said there will be 300 billion euros for subsidies to "farmers' income," compared to 270 billion euros for the common agricultural policy from 2021 to 2027. The European Agricultural Cooperatives Federation, an interest group representing farmers in EU countries, protested against this policy on the 16th. A number of protesters gathered outside the European Commission headquarters to protest this "Agricultural Black Wednesday." (Translated by Lu Longjun)
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