EU: The Budget Battle Begins

May 2, 2018 | 16:03 GMT

After weeks of speculation, the first draft of the EU budget is finally here. On May 2, the European Commission presented its proposal for the bloc's next multi-annual budget, which will be in effect from 2021 to 2027. The proposal has the potential to create a political storm within the union because it touches on highly sensitive policy areas such as agricultural subsidies and structural funds. At a time when the European Union is already dealing with internal fragmentation, the new budget could be yet another source of friction among member states....

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