German envoy to EU demands further cuts in budget talks
Germany's ambassador to the European Union has called for further spending cuts while ruling out joint borrowing and new EU-wide taxation during ongoing budget negotiations.
FTMQ News, written by our newsroom0 views
Further budget cuts are definitely necessary in upcoming European Union financial discussions, Germany's ambassador to the EU has stated. Speaking in an interview with Euronews journalist Stefan Grobe, Thomas Hans Ossowski outlined a frugal economic approach for the bloc, as Euronews, Yahoo News Singapore, and Yahoo News Canada reported. [1][2][3]
Ossowski ruled out the possibility of taking on new common borrowing or introducing European-level taxation to fund the budget. Euronews reported that the German ambassador stressed the importance of maintaining national sovereignty while continuing to provide support for Ukraine. [1]
The diplomat noted that negotiators are not there yet regarding a final agreement on the financial plan. According to Euronews, Ossowski expressed hope that the member states can conclude the budget debates before Christmas to achieve a sustainable agreement. [1]
In short
- German Ambassador to the EU Thomas Hans Ossowski stated that further spending cuts are definitely necessary.
- Ossowski ruled out new common borrowing and European-level taxation for the upcoming EU budget.
- Germany maintains its support for Ukraine while advocating an economically frugal position.
- The ambassador expressed hope that EU budget debates will conclude before Christmas.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]More cuts 'necessary' says German ambassador to EU, ruling out common borrowing, EU-level taxesEuronews, 1h ago (the report this story comes from)
- [2]More cuts 'necessary' says German ambassador to EU, ruling out common borrowing, EU-level taxesYahoo News Singapore, 1h ago
- [3]More cuts 'necessary' says German ambassador to EU, ruling out common borrowing, EU-level taxesYahoo News Canada, 1h ago
Background
- [4]Flutter Entertainment cuts 1,400 jobs following gambling tax increases FTMQ News, 18h ago
- [5]Germany to increase tobacco tax as cigarette prices rise toward 2030 FTMQ News, 4d ago
Our newsroom writes these reports with the help of software, from the 5 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
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Earlier reports of ours on the same people and subjects.
- European Union leaders clash over proposed budget cuts led by GermanyTop Stories, 8d ago
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- European Union debt could reach one trillion euros by 2027Top Stories, 12d ago
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