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EU budget cuts threaten priorities

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European Commission President Ursula von der Leyen warned in Strasbourg that deep cuts to the EU’s proposed budget would undermine shared priorities, as Germany pressed for savings.

by Lucas Bergkamp

6%

Reposted by Lars P. Feld

22%

by Matthias Kalkuhl

44%
mkalkuhl.bsky.social
(7/9) New EU own resources could do two things at once: finance European public goods—security, defence, cross-border transport & energy infrastructure, and a resilient low-carbon energy system—while reducing GNI-based national contributions.
October 6, 2026 at 10:45 AM

by Matthias Kalkuhl

44%
mkalkuhl.bsky.social
How can the EU finance more common priorities without putting ever more pressure on national budgets?

A new Global Citizen report explores 6 options for new EU own resources. We contributed to 2: taxes on luxury consumption and intra-EU aviation. (1/9)
October 6, 2026 at 10:45 AM
La Repubblica
Von der Leyen: We will launch a European task force to purchase energy. Supports must be targeted

“Our role is to provide member states with the tools and the flexibility they need to respond,” says the president of the European Commission in a plenary session in Strasbourg

Reposts 1 13h
La Repubblica
Von der Leyen: We will launch a European task force to purchase energy. Supports must be targeted

“Our role is to provide member states with the tools and the flexibility they need to respond,” says the president of the European Commission in a plenary session in Strasbourg

Von der Leyen: We will launch a European task force to purchase energy. Supports must be targeted
Reposts 1 13h
El Pais
Von der Leyen warns against large cuts to the European budget as Germany demands

The President of the European Commission places the energy crisis at the center of defending her budget proposal, which the frugal member states want reduced while Spain and other partners are demanding more ambition

Von der Leyen warns against large cuts to the European budget as Germany demands
Reposts 0 13h
Handelsblatt
European Union: von der Leyen counters Merz and warns of major EU-budget cuts

Chancellor Merz calls for cutting the new EU budget by several hundred billion euros. EU Commission President von der Leyen expects in that case "significant restrictions".

European Union: von der Leyen counters Merz and warns of major EU-budget cuts
Reposts 0 13h

Reposted by Steve Keen

17%

Reposted by Lars P. Feld

22%
Politico Europe
Von der Leyen warns against EU budget cuts

The Commission president dismissed Germany's calls for deep cuts, arguing they would undermine EU-wide priorities.

Reposts 13 14h

Reposted by Lars P. Feld

22%
El Mundo
Von der Leyen criticizes the government's 20-cent discount on diesel and gasoline: "It increases demand, benefits high incomes, and imposes a huge cost."

The Commission president points to "two good examples" in the European Parliament: "In France and Romania, energy voucher systems provide support to low-income families. This is the right approach." Read

Von der Leyen criticizes the government's 20-cent discount on diesel and gasoline: "It increases demand, benefits high incomes, and imposes a huge cost."
Reposts 1 15h

Reposted by Lucas Bergkamp

2%

by Ive Marx

42%
Kathimerini
The energy crisis casts a shadow over the budget draft – 2.2 billion in support measures

The 2027 budget draft submitted to Parliament yesterday includes income supports and tax cuts totaling €2.2 billion.

The energy crisis casts a shadow over the budget draft – 2.2 billion in support measures
Reposts 0 17h

by Rafael Doménech

46%

by Michael Pettis

27%
michaelpettis.bsky.social
Bloomberg: "“We want to enable the European Commission to act quickly when necessary,” Merz told reporters in Berlin. “The drawback of European trade policy in recent years has always been that decision-making took too long.”"
www.bloomberg.com/news/article...
Germany and France Push Trade Weapon to Bar China Access
Germany and France are urging the European Union to adopt new powers that could cut China or other countries off from the bloc’s single market, risking a response from Beijing days before key talks on...
www.bloomberg.com
October 6, 2026 at 3:47 AM

by Francis Fukuyama

103%

by Francis Fukuyama

103%
frankfukuyama.bsky.social
Europe is Running Out of Energy—and Ideas
open.substack.com/pub/persuasi...
Europe is Running Out of Energy—and Ideas
The continent is bracing for another crisis—but the solution is in its hands.
open.substack.com
October 5, 2026 at 10:31 PM
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