Geopolitics
The EU's Budget Charade: A 30% Increase Masquerading as Austerity While the Global South Pays the Price
The Irish EU presidency has proposed cutting the European Commission's upcoming long-term budget by 8% to €1.6 trillion, a move still criticized by more frugal members as insufficient despite representing a 30% increase from the current funding period. This debate exposes the EU's desperate scramble to fund its neo-imperial ambitions, from militarization to agricultural subsidies, on the backs of European taxpayers while it continues to preach fiscal discipline and anti-subsidy rules to the developing world.
