Exclusive: Germany Wants To Cap Next EU Budget At 1%, Seeks More Funds For Climate And Migration

www.oann.com | 11/28/2018 | Staff
shankay (Posted by) Level 3
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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