
Wealthy EU Countries Threaten ‘No-Deal Scenario’ over Astronomical EU Budget
Net contributors such as Germany or the Netherlands might be ready to simply walk away from budget negotiations if Brussels keeps insisting on the €2 trillion plan.

Net contributors such as Germany or the Netherlands might be ready to simply walk away from budget negotiations if Brussels keeps insisting on the €2 trillion plan.

Madrid wants the EU to mutualise sovereign debt issuance, while Germany opposes expanding the bloc’s budget and NATO is calling for sustained European rearmament.

On July 2, the European Parliament committee supported a dedicated 10% biodiversity target on top of the broader 35% climate and environment spending goal.

As Brussels pushes for its biggest budget yet, Germany is demanding cuts and reminding the EU that someone still has to pay the bill.

The first night of the EU Council Summit descended into an explosive fight over who should represent the EU in diplomatic talks, setting Friday’s discussion about the next seven-year budget up for failure.

“We need a new European architecture” to solve the problems of “uncontrolled immigration, economic decline, and excessive regulation,” Patriots leader and French presidential hopeful said.

Germany, the Netherlands and the Nordic bloc want deep cuts to EU farm and cohesion spending—while their economies remain the biggest winners from Brussels’ free trade deals.

MEPs are backing new priorities—from defence to competitiveness—but can’t agree on how to fund them.

The Commission aims to finalize the financial framework before possible political changes in major member states.

Brussels is offering farmers early access to billions in funding as it tries to overcome opposition to a long-delayed trade deal with South America.