Germany wants to cap next EU budget at 1% of GDP: sources

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Germany wants to cap next EU budget at 1% of GDP: sources
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Germany, the European Union's largest economy, wants to limit the bloc&#039...

FILE PHOTO: European Union flags flutter outside the European Commission headquarters, in Brussels, Belgium June 30, 2019. REUTERS/Yves Herman

EU states are gearing up for a battle over the budget, which is due to be agreed next year, and national ministers meet in Brussels on Monday to discuss the issue. The ministers will also discuss making funding from the bloc conditional on upholding the bloc’s values, including the rule of law, a plan that could set up a confrontation between the liberal West and the ex-communist Poland and Hungary in the bloc’s east.Warsaw and Budapest - leading beneficiaries of EU development programs - have been accused of undermining democracy by their wealthier peers, who have grown increasingly reluctant to chip in for them.

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