Current European Union president Finland is expected to propose that the bloc�...
BRUSSELS - Current European Union president Finland is expected to propose that the bloc’s next seven-year budget starting in 2021 amounts to 1.07-1.08% of the member states’ gross national income, three diplomatic sources told Reuters.
Finland will soon present the proposed headline number to other EU countries and national EU leaders will discuss it at their last summit this year on Dec. 12-13. New Commission head Ursula von der Leyen, a German conservative, wants to spend more on new priority areas including managing migration, fighting climate change and advancing the digital economy.
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