**Germany, the Netherlands, Sweden, Denmark, Austria and Finland have threatened to reject the EU’s next seven-year budget unless Brussels cuts spending by “hundreds of billions” of euros, the** [Financial Times](https://www.ft.com/content/3b829a46-3eae-4c20-94db-a79c38d0be4c) **reports.**

The European Commission has proposed a nearly €2 trillion budget for 2028–2034. The six governments, which together account for around 40% of EU budget contributions, say the plan requires “fundamental reform.”

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