Juncker pushes for bigger post-Brexit EU budget

European Commission president Jean-Claude Juncker called on Monday (8 January) for the EU-27 to pay more money into the bloc's joint long-term budget, after the UK leaves a gap in the common finances following Brexit.

Juncker said the EU's next budget from 2020 onwards should be more than one percent of the continent's GDP.

"We need more than one percent of GDP if we are to pursue EU policies and fund them adequately," he told an audience at a conference in Brussels.

Junc...