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German Chancellor Friedrich Merz has called for a major overhaul of the European Union's outdated budget system, advocating for a focus on defense and competitiveness while facing competition for funding from traditional areas like farming subsidies and regional development aid, as discussions heat up for the 2028-2034 EU budget. #EUBudget #DefenceInvestment #EuropeanCompetitiveness #DE #GR #FR #EU
Germany's Merz calls for EU budget overhaul as battle looms