EU Budget: Political Groups Back Down After Concessions

Major political groups in the European Parliament have withdrawn their threat to vote against the European Unions long-term budget, following the Commissions concessions. The groups, including the center-right EPP, Socialists and Democrats, liberals of Renew Europe, and Greens, had demanded changes to regional and farmer funds allocation. The Commissions updated proposals, which include a rural target and increased Parliament involvement, have satisfied these groups and national capitals.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.