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Merz and Fico clash over tying the EU budget to unanimous support for a Ukraine loan

Politico Europe · 2026-11-10
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German Chancellor Friedrich Merz is pushing to link the EU’s next budget negotiations to unanimous backing for a multibillion-euro Ukraine loan, including a €70 billion package under discussion for next year, with the EU expected to provide about €45 billion and allies such as Britain, Canada and Japan roughly €25 billion. Slovak Prime Minister Robert Fico on Tuesday in Bratislava called Merz’s demand “classic blackmail”; Merz restated his position at a Berlin press conference with Hungarian Prime Minister Péter Magyar after sending a letter on the issue to European Council President António Costa on Friday.

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Source: Politico Europe · via ahirlevel.hu

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