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Ireland proposes $1.81 trillion EU budget through 2034

Fortune ·

  1. 1Ireland proposed setting its proposed budget at 1.62 trillion euros ($1.81 trillion) over the weekend.
  2. 2This proposal represents a 30% increase from the current seven-year package.
  3. 3Sweden's EU Minister Jessica Rosenkrantz said the budget is excessively high and unsustainable.

So what's the key point?

Ireland has proposed increasing the European Union budget by 30 percent. A Swedish minister stated that the amount is too large to manage.

Source Fortune · View original ↗

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