EU Budget in Crisis — Merz vs. Kristersson
German Chancellor Merz and Swedish PM Kristersson are at odds over the EU budget, with Merz expecting a deal by year-end and Kristersson calling the current proposal totally unacceptable.
What we know
An account on X relayed Merz saying no EU country can handle the current budget plan, while separately another account on X noted he still expects a deal by year-end. In direct contrast, another account on X quoted Sweden's Kristersson calling the proposal 'not even a starting point' and saying he is 'not in a hurry.' Kristersson also flagged that a US-Russia diesel deal 'goes in the wrong direction' — another account on X. German 10-year yields hit their lowest since September 9 at 3.38% — another account on X — reflecting a broader risk-off bond bid.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.