EU's long-term budget plan questioned by multiple countries

2026-10-15 18:12

Economic Observation Network According to CCTV News App, on the 15th local time, during the EU summit in Brussels, leaders of EU member states such as German Chancellor Merz, Spanish Prime Minister Sanchez, Swedish Prime Minister Kristensen, and Greek Prime Minister Mitsotakis raised questions and objections to the EU's long-term budget plan for 2028-2034.

Mertz said that no EU member state can afford the current EU budget plan, and he does not believe that EU countries can reach an agreement on a long-term budget at the summit. Sanchez stated that Spain does not recognize the current EU budget plan and believes that its funding scale is insufficient. Kristensen has made it clear that Sweden will reject the proposal. Mitsotakis also stated that Greece is not satisfied with the long-term budget plan and will not accept cuts in agriculture and other related expenditures. Mizotakis also stated that in addition to governments providing their own assistance, the EU should also study and introduce additional energy support measures to help consumers cope with rising energy prices.