Trump's Plan for Europe to Foot Ukraine Bill Ups Budget Pressure
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Donald Trump's plan to allow the European Union pay for arms supplied to Ukraine is piling pressure on EU officials negotiating how to finance the bloc's defense-spending ambitions.
The deliberations are feeding into the hard-fought talks to draw up the 27-member EU's €1.2 trillion ($1.4 trillion) budget, as member states begin a two-year process for carving out a consensus. While many European capitals want to embrace standard funding for farmers and regions — amounting to two-thirds of the budget — others are keen to divert financing to new and more urgent issues, such as defense.
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