EU top official: Budget cuts are’Hard pill to swallow’

BRUSSELS — The European Union’s top official said Thursday that proposed cuts within the upcoming long-term multi-billion budget of that 27-nation bloc really are a”hard pill to swallow”

At a speech delivered to European lawmakers, European Commission President Ursula von der Leyen confessed that the budget for another seven years embraced this week following a four-day EU leaders summit comprises several inadequacies.

Hailed as a”historical” moment for Europe by several EU leaders, the bargain has nevertheless raised concerns among European lawmakers, who contested its lack of vision in the context of the financial crisis triggered by the virus. The European Parliament has the last say in approving the funding.

A couple of hours later Von der Leyen’s address, lawmakers adopted a resolution with a massive majority that strongly criticizes the reductions. Threatening to withhold their approval if a greater arrangement is not found during future discussions, they said that the proposed reductions will”undermine the foundations of a more sustainable and resilient retrieval.” A last vote on the funding isn’t expected to occur before the close of the year.

However, the light also includes a shadow. And in this scenario, the shadow comes from the kind of a rather thin long term EU budget”

Many reductions were agreed to under pressure from several nations led by the Netherlands called the”Frugals,” that were offered big reductions to their gifts into the bloc’s funding to procure a bargain.

“You will find painful decisions on a lot of programs that have crucial European added values,” explained von der Leyen. She deplored the absence of funds for programs allowed for study, wellness, and investment, in addition to the restricted size of their funding for programs beyond the EU.

“Yes, we all managed to avoid further reductions as some member countries desired. But this (funding ) is a challenging pill to swallow.”