Snapshots

The EU's Regional Blocs Butt Heads on the Budget

Feb 3, 2020 | 18:23 GMT

The European Union's multiyear budget sets spending priorities and limits in the Continental bloc for seven-year periods. It pays for multiple EU initiatives, including aid to farmers and investments in infrastructure. But without the now-departed United Kingdom's contributions, spending cuts could endanger several EU programs, while reductions in transfers to countries in Central and Eastern Europe could hurt their economies. ...

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