EU summit fails '%s' has no budget agreement

EU summit fails '%s' has no budget agreement

The EU budget summit ended without agreement after a clash between rich members and other countries. Denmark, Austria, Sweden and the Netherlands said they would not accept a budget of more than 1 per cent of the bloc's GDP. French President Emmanuel Macron said it proved that the bloc did not have [...]

The EU budget summit ended without agreement after a clash between rich members and other countries.

Denmark, Austria, Sweden and the Netherlands said they would not accept a budget of more than 1 per cent of the bloc's GDP. French President Emmanuel Macron said it proved that the bloc did not need Great Britain to show a lack of unity.

Brexit left a 75 billion-euro gap in the EU's seven-year budget. Great Britain was a net contributor to the EU.

The current EU budget expires at the end of this year, and the next one will cover the period 2021 HINA 2027. German Chancellor Angela Merkel claimed the talks were interrupted because the differences were too big, but warned that leaders would have to return to the subject.

Makron, meanwhile, criticised countries that according to him had established blocking coalitions. /

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