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European Union concludes a bitterly contested fiscal agreement

Brussels initiates a fresh fiscal war on Wednesday, July 16, by unveiling the budget blueprint intended for the period 2028-2034.

European Union strikes a biting new deal on fiscal matters
European Union strikes a biting new deal on fiscal matters

European Union concludes a bitterly contested fiscal agreement

In a series of leaked drafts, details of the European Union's Multi-annual Financial Framework (MFF) for the period 2028-2034 have been circulating among EU institutions and national delegations. However, the identity of the leakers remains undisclosed, and there is no evidence implicating Ursula von der Leyen, Björn Seibert, or Stephanie Riso in any such leaks.

The budget, described as "more strategic, more flexible, more transparent," aims to revolutionise the process by breaking down watertight barriers between European policies. Despite this ambitious goal, the presentation of the MFF descended into chaos due to a lack of reliable figures and clear explanations.

The Commission presented its draft MFF on July 16, bypassing other directorates-general, the 26 commissioners, the European Parliament, and member states. This hasty approach has led to exhaustion among high-ranking officials, who have expressed concerns about the secretive process of the MFF's creation.

The chaos is attributed to a culture of secrecy, shadowy presidentialism, and bureaucratic centralization. The European Parliament and member states will ultimately have to adopt the MFF unanimously, but the rushed presentation has left them with insufficient time for a comprehensive overview.

It is important to note that while leaks are a recurring issue in EU policymaking, most remain unattributed, and insider sources are typically protected by journalistic confidentiality. In this case, the sources remain anonymous, and the officials named are not implicated by any credible reporting.

Ursula von der Leyen, as President of the European Commission, has been mentioned in the context of internal tensions over the budget rollout, but there is no accusation, evidence, or suggestion of her involvement in any leak. Similarly, Björn Seibert, Chief of Staff to von der Leyen, and Stephanie Riso, Deputy Head of Cabinet, are not mentioned at all in the available reports.

In conclusion, the leaks surrounding the EU's MFF remain a mystery, with no named leakers and no evidence implicating Ursula von der Leyen, Björn Seibert, or Stephanie Riso. The budget's ambitious goals, however, remain a focus of attention for EU policymakers, despite the chaos that surrounded its presentation.

  1. The controversial Multi-annual Financial Framework (MFF) for the period 2028-2034, with its goal of revolutionizing European policies through increased transparency, is causing turmoil in the realm of business and finance, as well as in the policy-and-legislation sphere.
  2. Politics and general-news outlets are abuzz with discussions about the unattributed leaks of the MFF drafts, yet there is no credible reporting implicating Ursula von der Leyen, Björn Seibert, or Stephanie Riso in any such leaks.
  3. As the European Parliament and member states scramble to comprehend the details of the MFF, they find themselves caught in the crossfire between the controversial budget, the culture of secrecy that shrouds its creation, and the unnamed leakers, all while facing the pressure to make decisions on adopting the MFF unanimously.

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