A second day of negotiating over the post-Brexit EU budget is looking to end again in deadlock with member-states split between the “Frugals”, who want less spending; the poorer, mostly former Soviet satellite states who want more money; and the European Parliament which wants the budget period increased to a massive €1.32 trillion to help turn the EU carbon neutral.
European leaders are said to be “fighting like ferrets in a sack” over how to fill the €12 billion annual hole left by the UK’s exit from the EU.
Patriotic Visegrád nations in the east will each see their regional funding from Brussels slashed by around a quarter under new European Union (EU) budget rules which reward the intake of third world migrants.
The European Commission has announced a €13 billion “Defence Fund” paving the way for closer EU military integration – plans once called a “dangerous fantasy” by Remainer Nick Clegg.
BRUSSELS (AP) — The leaders of European Union nations — minus Britain’s prime minister — met Friday to discuss how the bloc will cope with a multibillion-euro hole in its budget caused by Brexit.
German media has obtained a European Parliament report suggesting a ‘No Deal’ scenario after Brexit would leave a €10.2-billion hole in the European Union’s annual budget.
The European Union (EU) is considering tax hikes as well as slashing farmers’ subsidies and Eurocrat wages to meet a huge €20 billion shortfall after it loses the UK’s contribution to the bloc.
The Austrian Chancellor has called for European Union (EU) countries who refuse to take in migrants to have their funding cut as punishment – despite his own country being one of three to refuse its migrant quota.
Germany will have to pay more into the European Union (EU) budget to make up the €9 billion (£7.7 billion) shortfall when the United Kingdom leaves the bloc, European Commissioner Günther Oettinger has said.
BRUSSELS (AP) — The European Union’s budget chief is suggesting that member countries could in the future put aside a portion of their tax revenues from oil to help finance the bloc.
Members of the European Parliament have urged member states to speed up the creation of an EU army, citing growing international threats.
A Brussels focused think tank has claimed the European Union (EU) will face a massive financial “shock” after Brexit, with an £8.6 billion hole in its budget.
Outlandish demands for Britain to hand over €60 billion in a ‘divorce settlement’ are being made by Euro-fanatical officials to deliberately derail the Brexit process, insiders have claimed.
MEPs have approved a more than €2 billion increase in the EU budget for next year, handing EU officials a three per cent pay rise and raising its contributions to Palestinian causes by 10 per cent.
Nobody yet knows the winner of France’s presidential election next year, but the smart money is on one loser: The three-percent cap on government deficits enshrined in eurozone rules.
Hungary, Poland and other countries should have their funding slashed if they fail to show sufficient “solidarity” on migrant issues, or respect for “European values”, two influential MEPs have said.
British taxpayers’ contributions to the European Union (EU) budget are set to increase over the next five years, the government’s own budget documents show, forcing the British people to hand over an eye-watering £371 million a week. City traders have
Members of the European Parliament have voted to increase the European Union’s annual budget by an astonishing €4 billion next year, even as member states struggle with the fallout from Brussels-imposed austerity measures. The whopping budget rise is also a
