Wed, 01 Jul 2026 Kyiv 13:18Berlin 12:18London 11:18 UKR / DE / EN

Germany demands €400 billion cut in EU budget planning

The German government is calling for a drastic reduction of around €400 billion in the EU's financial framework for 2028 to 2034.

Germany demands €400 billion cut in EU budget planning
Photo: bilder.deutschlandfunk.de

The German government’s demand targets the European Union’s (EU) multiannual financial framework, which sets spending for the years 2028 to 2034. A cut of €400 billion would significantly shrink the budget. The government did not initially provide details on specific areas for savings.

Negotiations over the EU budget have traditionally been difficult, as member states have different priorities. Germany, as the EU’s largest net contributor, has been pushing for stricter spending discipline for years. The demand comes at a time when the EU faces major financial challenges, including support for Ukraine and investments in climate protection and digitalization.

Source: www.deutschlandfunk.de