EU Parliament and Council clash over €1.52bn ‘austerity’ cuts to 2025 budget
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Euronews.com
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MEPs rejected the EU Council's proposed €1.52bn cuts to key EU programmes, including Erasmus+ and Horizon Europe, advocating for increased funding. Leading MEP Victor Negrescu emphasized the need for flexibility in the EU budget to meet citizens' needs. The upcoming negotiations between the Parliament and the Council are expected to be contentious, particularly regarding interest rates on post-pandemic recovery funds. The Council seeks cuts for financial discipline, while the Parliament argues against austerity measures. A deal must be reached by 18 November. Teljes cikk (Euronews.com)