'The EU budget cannot be a prisoner of interest rates by reducing our programmes,' said leading lawmaker Victor Negrescu, as MEPs signalled clear opposition to proposed cuts setting stage for tense negotiations over the EU budget for 2025.
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00:00The European Parliament and the Council are at war over the budget of the European Union for 2025,
00:06especially after the Council proposed to cut in 1.5 billion euros the proposal of the European Commission.
00:14The European Parliament, which voted this Wednesday its position,
00:17considers that this money would not be enough to cover key EU programs such as Erasmus Plus
00:23and would prevent financing the needs of citizens.
00:26The two institutions will have to negotiate this budget before mid-November
00:31and it is expected to be a highly political discussion.
00:34In addition, they will also have to decide how the interests of the recovery fund,
00:39which have risen in recent years, will be paid.
00:41Aida Sánchez Alonso, Euronews, Strasbourg.