Europe in focus: September 2026
• Six major net contributors to the EU budget demanded substantial cuts to the European Commission’s proposed 2028–2034 spending plan on 27 August. • Germany, Denmark, the Netherlands, Austria, Finland, and Sweden called for the nearly €2 trillion proposal to be reduced by several hundred billion euros. • These nations rejected additional common EU borrowing, which would increase the shared debt used to fund union-wide projects.
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