EU’s Proposed €2 Trillion Budget Rejected by Germany

Germany has rejected the European Commission’s €2 trillion ($2.3 trillion) budget proposal, hours after it was announced by European Commission President Ursula von der Leyen in Brussels.

“A comprehensive increase in the EU budget is unacceptable at a time when all member states are making considerable efforts to consolidate their national budgets,” the German government chief spokesman said in a statement. “We will therefore not be able to accept the Commission’s proposal.”