Von der Leyen Urges Bigger EU 7-Year Budget as 6 Countries Push Deep Cuts
Updated
Updated · POLITICO Europe · Aug 27
Von der Leyen Urges Bigger EU 7-Year Budget as 6 Countries Push Deep Cuts
3 articles · Updated · POLITICO Europe · Aug 27
Summary
Europe’s next seven-year budget must become “the financial arm” of the bloc’s independence, Ursula von der Leyen said in Paris, arguing it should fund a larger investment drive.
That push is aimed at cutting EU reliance on Chinese supply chains and critical raw materials, American technology and imported fossil fuels.
Six countries led by Germany are pressing to strip hundreds of billions of euros from the spending package, setting up a clash over the budget’s scale and priorities.
The dispute goes beyond accounting: it will shape how far the EU can finance industrial resilience, energy security and strategic autonomy over the next seven years.