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Euronews
Euronews
Luca Bertuzzi

EU leaders face budget showdown as Germany leads revolt over spending plans

European Union Euronews Europe

EU leaders are heading for a bruising battle over the bloc’s next long-term budget this week, after a German-led coalition of net contributors rejected the latest compromise proposal as insufficient.

On Saturday, the Irish presidency of the EU Council proposed cutting €141 billion from the overall budget, bringing it to €1.622 trillion in 2025 prices for the seven-year period from 2028 to 2034.

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