Negotiations over the EU’s next budget are heating up, with MEPs and national governments squaring up for a fight over money and how to spend it.Jean-Christophe Verhaegen/AFP via Getty Images

EU Parliament vs. Germany in the battle of the budget – POLITICO

· POLITICO

BRUSSELS — The European Parliament voted for an EU budget exceeding €2 trillion for the next seven-year cycle. Germany and its frugal allies will fight hard to keep that from happening. 

Negotiations over the EU’s next budget are heating up, with MEPs and national governments squaring up for a fight over money and how to spend it.

An overwhelming majority of EU lawmakers on Tuesday voted to increase the overall size of the budget by €200 billion; earmark more funds for specific EU programs; and impose new, EU-wide taxes against tech giants such as Amazon and Google.