— After agreeing on terms for a new Brexit deal, European Union leaders are meeting again on Friday to discuss other thorny issues, including the bloc’s budget and climate change.
Leaders need to find a compromise that satisfies countries in favor of minimal spending, those arguing that it must at least be maintained at the current level and others fighting for increased contributions from members states to compensate for Britain’s planned departure. The diplomat, who was not authorized to be identified publicly, said that to keep the next budget at its current level, member states will need to contribute at least 1.16% of their gross national income. The European Commission has set an objective of 1.11% for an overall budget of 1.113 trillion euros, while the European Parliament has proposed 1.30%.
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