Fears Sweden will struggle with EU budget talks

Sweden loses an important ally in the UK when the EU’s next long-term budget is negotiated, writes Europaportalen. The question of the EU’s next long-term budget for the years after 2020 was discussed when EU finance ministers met in Brussels on Tuesday and suggested challenges for Sweden. “It is clear that the long-term budget is coming up all the time. It is obvious that it will be a very complicated process. It will be the hardest negotiation of the long-term budget ever,” said Magdalena Andersson (S) after the meeting. The hardest issue to crack will be managing the shortfall created by Brexit. Britain leaves a budget gap of an estimated SEK 120-150 billion a year at a time when the EU is facing new challenges. The question divides the EU’s member states, with some willing to give more, while other countries, like Sweden, take a more restrictive outlook. Magdalena Andersson says that she has talked with like-minded countries such as Sweden’s Nordic neighbours, the Netherlands and Austria, but that she cannot count on support from Britain any longer.

 

 

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Philip Barjami is an editor for Mundus News and a regular contributor to the Monthly Policy Review. Philip holds a BSc in History and International Relations from the London School of Economics (LSE) with First Class Honours and has a Master’s in Middle Eastern Politics from the School of Oriental and African Studies (SOAS) in London. He has previously worked as an interpreter and as a financial analyst, before deciding to become a journalist. He is fluent in English, Swedish and Farsi.