EU lawmakers back blockbuster long-term budget

The European Parliament on Tuesday threw its weight behind a more ambitious and bigger long-term EU budget, demanding new taxes to ramp up future spending. The EU executive last year proposed a nearly two-trillion-euro ($2.3-trillion) long-term budget bazooka for 2028-2034 that includes paying off the bloc’s coronavirus-related debt. EU lawmakers rejected that proposal, and called […] The post EU lawmakers back blockbuster long-term budget appeared first on Digital Journal.