The bloc has no capacity to finance important new initiatives without cutting on essential projects, the outlet reports Higher interest rates have added pressure to the EU’s long-term budget, already squeezed by multiple crises, including the conflict in Ukraine, migration, and energy supply shortages, Handelsblatt newspaper reported on Monday. In the aftermath of the pandemic, those issues are overwhelming the EU’s financial resources, the German outlet wrote. Budget reserves are “practically exhausted,” the article says, while challenges are growing and Brussels’ ability to act is dwindling. The report comes ahe
Hence then, the article about eu running out of money handelsblatt was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( EU running out of money – Handelsblatt )