Dossier
corporate levy
Coverage of corporate levy in the Nexus archive.
- Berlin attacks Cypriot EU budget proposal as ‘unaffordable’
German Chancellor Friedrich Merz's government criticized a Cypriot proposal to cut the EU's 2028-2034 budget by 2% as 'unaffordable' and 'unbalanced.' The Cypriot plan, presented during its EU Council presidency, faces resistance from Berlin, which advocates for budget cuts in agriculture and cohesion funding while prioritizing defense and competitiveness. The EU's 27 leaders will discuss the proposal at a summit next week.