budget

Merz pushes for hundreds of billions in EU budget cuts

German Chancellor Friedrich Merz used a bilateral meeting with Irish Prime Minister Micheál Martin in Dublin on Tuesday to reiterate his demand for deep cuts to the European Union's proposed long-term budget, calling for reductions of several hundred billion euros…

EU leaders commit to ‘decisively’ ramping up defense by 2030

European Union leaders concluded a two-day summit in Brussels on Friday with a commitment to accelerate the bloc's military readiness by 2030, condemn Russia's ongoing aggression against Ukraine, and chart a tougher economic course against Chinese trade dominance — setting…