Austrian Chancellor Christian Stocker has taken a strong position against the European Commission’s proposal for the EU’s upcoming multiannual financial framework, expressing significant doubts about whether his government in Vienna could back it.
According to APA, Stocker described the proposed budget as “difficult to imagine,” especially with its suggested increase to €2 trillion.
The chancellor highlighted his alignment with the concerns of Austria’s agricultural sector, making it clear that his administration is dedicated to safeguarding small farming businesses and maintaining the EU subsidies that are crucial for their survival. “This isn’t just about more money; it’s about making better use of the funds we already have,” Stocker remarked.
The proposed framework spans from 2028 to 2034, and Stocker expects challenging negotiations ahead. He criticized what he sees as unrealistic financial goals, stressing the importance of fiscal responsibility, particularly in today’s economic climate.
Stocker reiterated Austria’s partnership with the “Frugal Four” a coalition of Austria, the Netherlands, Sweden, and Denmark which has consistently advocated for restraint in EU spending and remains cautious about proposals for deeper European debt integration.
