Germany has announced tonight that it will reject the proposal presented hours before by the European Commission for it, which would raise 1.2 billion two billion accounts and assign 131,000 million euros to investment in defense, security and space, five times more financing compared to the previous MFP.
“It is not possible to justify a generalized increase in the EU budget at a time when all Member States are making considerable efforts to consolidate their national budgets,” said German government spokesman Stefan Kornelius, in a statement. “Therefore, we cannot accept the commission’s proposal,” he added.
In particular, Berlin has been contrary to large companies with an annual turnover exceeding 100 million euros outlined by the Union Executive, along with another tax on electronic waste not collected for recycling. “We do not support the additional imposition to companies,” says the document.
“We must maintain the reformist approach of the commission and the orientation of the budget towards new priorities,” said the German government, now in the hands of, of the Christian Democratic Union of Germany (CDU, the party of the president of the CE itself,), claiming that “this course is adequate to strengthen Europe for the future.”
The president of the Commission said yesterday that the proposal “addresses the challenges of Europe” and “reinforces our independence,” according to the German agency DPA.
The project includes a competitiveness, prosperity and security fund of 590,000 million euros, of which 451,000 million will be used to help European companies update with their international rivals, as the Bloomberg agency has collected. In addition, Brussels has proposed 100,000 million euros in financing for Ukraine, an amount that, according to President Von der Lein would support the recovery and resilience of Ukraine, and would pave the country’s path towards adhesion to the EU.
On the other hand, it suffers a cut of about 87,000 million euros, which has been known the same day that European farmers and ranchers have been summoned at the gates of the main building of the commission in Brussels.
Meanwhile, the expense ceiling goes from 1.13 percent of the gross domestic product (GDP) of the 1.26 percent block, although 0.11 percent of that mattress will go to repay the debt generated by the recovery and resilience plans.
In addition, the Defense and Space Window of the European Competitiveness Fund will allocate 131,000 million euros to support investment in defense, security and space, five times more than the item that was destined for this area in the previous period.
