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Money to pay off the covid recovery plan is posing tricky questions for policy makers as discussions heat up for the next long-term EU budget. (Photo: Tim Dennell, Flickr)

Looming debts cast shadow over next EU budget

Massive debts are looming over the EU's next long-term budget, posing repayment questions as the European Parliament seeks more funds.

“We need new resources for old debt, we have promised this for years, it is now time to deliver on this,” parliament president Roberta Metsola told press on Wednesday (7 May). "It is our responsibility to repay our loans withou...

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

Money to pay off the covid recovery plan is posing tricky questions for policy makers as discussions heat up for the next long-term EU budget. (Photo: Tim Dennell, Flickr)

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

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