Germany has rejected the European Commission’s proposal for a significantly expanded €2tn budget, just hours after it was announced by Ursula von der Leyen in Brussels.

Proposed levy on corporate revenues has been almost universally panned and looks unlikely to get the backing it needs.

European Commission President Ursula von der Leyen faces strong resistance over her proposed 2-trillion-euro ($2.3-trillion) ...

President Donald Trump has announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1.

The European Commission says it’s protecting farmers with a smaller but ring-fenced budget. Europe’s farmers say the cuts ...

The European Commission wants to open up part of its proposed 2 trillion euro EU budget for 2028-2034 to nuclear energy, a ...

European Commission President Ursula von der Leyen unveiled the EU’s biggest-ever budget, but a chaotic rollout and ...

ActionAid welcomes the significant increase proposed by the Commission to the EU’s external budget for the next seven years – ...

Crafting a budget for 27 countries stretching from Lapland to Lisbon is a fiddly process. In fiscal terms the “multi-annual ...

German Finance Minister Lars Klingbeil doubled down on Berlin's criticism of the European Commission's proposed budget on ...

Photo: European Commission president Ursula von der Leyen delivers her speech during a statement on the preparation for the ...

The Multiannual Financial Framework will bolster defence capabilities and improve competitiveness, but cut the budget ...