On May 18, the EU Parliament will issue an ultimatum demanding an additional €200 billion for the 2028-2034 budget, threatening to veto the financial plan amidst tensions over spending caps, as it seeks to balance new defense and AI priorities with existing agricultural and regional aid, while navigating divisions among member states over fiscal restraint and funding allocation. #EUBudget #FinancialGovernance #EuropeanParliament #EU #FR #DE #NL #PL #IT #ES #BG #RO #CY #SE #AT #RU #US #CN
EU's €2 trillion budget talks risk becoming ugly and delayed