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Europe Daily Bulletin No. 12358

29 October 2019
INSTITUTIONAL / Budget
Germany's contribution to EU budget is likely to double by 2027, if discounts are abolished
Brussels, 28/10/2019 (Agence Europe)

Germany's contribution to the EU budget could double by 2027 to 33 billion euros, if the European Commission's proposal for the next Multiannual Financial Framework (MFF) is adopted, according to German estimates published in the press on Monday 28 October (see EUROPE B12352A1).

Chancellor Angela Merkel had already pointed out that a budget limited to 1% of the EU's Gross National Income (GNI) over the period of 2021-2027 would represent a 10 billion increase in the country's contribution...

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