BRUSSELS/BERLIN (Reuters) – Germany wants to cap the European Union’s next budget for 2021-27 at 1% of the continent’s economy, a scenario that would still see Berlin contribute some 10 billion euros more every year, according to a document seen by Reuters.
“We will conduct the MFF (Multiannual Financial Framework or the long-term EU budget) negotiations on the basis of 1% of the EU27 GNI,” read the document, which Germany is presenting to its EU peers during ministerial talks in Brussels on Monday.
UK - Contributors - MFF - Limit - Contributions
“Losing the UK as one of the largest next contributors to the MFF means that even with this limit, contributions of the remaining Member States will increase significantly.”
Germany – the EU’s largest economy and...
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Sorry Mr. Franklin, we couldn't keep it.