Published Jul 28, 2026, 9:10 AM ET · Updated 4 months ago · 1 source

Merz Rejects EU Budget Plan, Pushes for Compromise By Year-End

bloomberg

Original Report

Chancellor Friedrich Merz is pushing for the European Union to finalize its next seven year budget by the end of this year ahead of schedule as the bloc faces potential political gridlock with a slate of elections coming in 2026, including in France and Spain.