The German government criticized the European Commission’s main proposals for the plan of the next budget of the European Union, describing the increase in spending as “unacceptable”. Objections are also expressed by the taxation plans for big companies. “The German government will not accept the committee’s proposal. A comprehensive increase in EU budget is unacceptable at a time when all member states are making significant efforts to stabilize their national budgets, “said government spokesman Stefan Cornelius, referring to the budget of 2 trillion euros. For the multiannual budgetary framework of the period 2028-2034. The plan mainly includes higher costs for defense and competitiveness. As one of the new sources of revenue for the EU budget, the Commission proposes a tax on large companies with an annual turnover of more than 100 million euros, with the aim of losing weight to the budgets of the Member States. Berlin […]
Source: News Beast
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