EU at a CROSSROADS! Juncker makes desperate attempt to DEFEND bloated EU budget

European Commission chief Jean-Claude Juncker’s idea of raising the European Union funds to a €1.3 trillion (£1.1 trillion) for the next budgetary period was immediately dismissed by many of the 27 nations.

Mr Juncker claimed the proposed increase would not "hamper" growth in member states despite having also announced a 5 percent cut targeting key sectors such as agriculture.

Responding to calls for caution from Belgian PM Charles Michel, Mr Juncker said: "When analysing the proposals closely, any European will be able to see that this financial framework does not hamper or break growth.

"It recognises the potential for growth in all of the countries of the European Union. For example, the €20bn for structural reforms, the €30bn for addressing the asymmetric challenges from outside and inside the union.

EUROPARL TVEU news: Jean-Claude Juncker claimed the budget proposals do not "hamper growth

"It's not a budget that deserves spontaneous repose from the Belgian Government but perhaps a period of reflection."

The blueprint for the 2021-2027 budget of the European Union was an attempt to compromise between the European Parliament’s need to increase the bloc’s expenditure to 1.3 per cent of the

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