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Euronews

Stefan Grobe

More cuts 'necessary' says German ambassador to EU, ruling out common borrowing, EU-level taxes

European Union Ukraine

"We are not there yet." German Ambassador to the EU, Thomas Hans Ossowki, speaks to Euronews' Stefan Grobe on the German view for the upcoming EU budget discussions.

"More cuts will be definitely necessary." Ruling out new common borrowing and European-level taxation, Ossowki details an economically frugal view, whilst maintaining sovereignty and support for Ukraine. Hopeful to conclude budget debates "before Christmas", Ossowki hopes for a sustainable "moderniser" budget for the future of the bloc's finances.

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