Six major contributors call for EU budget cut

Germany's Chancellor Friedrich Merz is leading a group of six countries threatening to withhold their backing for the European Union's next seven-year budget unless substantial cuts are made, highlighting divisions within the 27-nation bloc over where its focus should be. The proposed budget for the years 2028 to 2034, which is worth 2 trillion euros ($2.3 trillion), must have unanimous backing to be adopted, but the Financial Times newspaper...