EU Summit: Merz Objects to Larger EU Budget, Leaders Discuss Ukraine and Global Challenges
Quick Look
- German Chancellor Friedrich Merz criticized the European Commission's proposed long-term budget (2028-2034) as "far too high" and called for a new proposal.
- EU leaders in Brussels also discussed support for Ukraine, including military aid and fast-track membership, and global economic challenges, agreeing to extend sanctions on Russia for 12 months.
AI-generated summary
Why It Matters
EU leaders convened in Brussels to discuss crucial issues including the ongoing war in Ukraine, the bloc's long-term budget for 2028-2034, and global economic challenges. Sanctions against Russia were extended.
Dmytro Hubenko with AP, AFP, dpa, Reuters | Roshni Majumdar
Published 06/18/2026Published June 18, 2026
German Chancellor Friedrich Merz said the European Commission's long-term budget proposal for 2028 to 2034 was "far too high" and called for a new proposal.
https://p.dw.com/p/5Few6
Skip next section What you need to know
What you need to know
Merz calls for new budget proposal as talks kick off on EU finances
EU leaders have gathered in Brussels to discuss three main topics: Ukraine, EU long-term budget and global economic challenges
Leaders last evening agreed to extend sanctions on Russia by 12 months
Here is a roundup of the major news and analysis from the June 18 and 19 European Union summit.
What to Watch
AI outlook — possibilities, not facts
EU leaders will likely reach a compromise on the long-term budget, possibly with a slight reduction.
Likely · Within months
Further EU sanctions against Russia may be implemented, potentially facing further vetoes.
Possible · Within weeks
Open Questions
- Will Merz's call for a new EU budget proposal be heeded?
- What will be the impact of Bulgaria's veto on EU sanctions against Russia?
- How will the EU address its trade deficit with China?
