Image: POLITICOEurope’s budget battle begins as leaders spar over China challenge
• European Council leaders are convening this week to address two critical, interconnected issues: the EU's long-term budget and the growing strategic challenge posed by China. • A bloc of nations, including Germany, Sweden, the Netherlands, and Austria, is pushing for a more assertive stance regarding China's economic rise and the ongoing Russian war in Ukraine. • The discussions are vital as the EU seeks to balance internal financial stability with the need for increased defense and strategic autonomy amidst shifting U.S. relations.
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