Negotiations over the EU’s long-term budget could be tough. Finance ministers meet on Tuesday and EU leaders on Friday and Brexit, refugee policy and controversial laws in Poland and Hungary are causing divisions.
Finance Minister, Magdalena Andersson expects the negotiations to be long and complicated. “We think that the countries that do not take responsibility for the decisions that we have made jointly, do not need support from structural funds,” she says.
Sweden is unlikely to get its wish for a smaller EU budget, as countries such as Germany have said they are prepared to pay more.
Talks on the future of the euro zone will be initiated at the EU summit, which begins today, Thursday. Stricter budget deficit rules are needed, as are rules to provide assistance to countries in crisis and a minister of economy and finance to oversee these reforms, argues European Commission President Jean-Claude Juncker in a DI debate article this morning.
Today’s discussions are the first of their kind to be conducted under favourable conditions and will gather leaders from within and outside the euro zone. This will pave the wave for concrete decisions to be made in 2018, writes Mr Juncker, expressing the hope that “we will take our collective responsibility to turn a new leaf” after the financial crisis and “not wait for the next storm”.
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