As part of an EU budget proposal, Berlin could reportedly see its already sizable annual pay-offs to Brussels’ financial pot surge by around a whopping 42 percent from 2021, totaling €308 billion within the next seven years.
Germany would have to pay €13 billion ($14.6 billion) more every year than it currently does, Die Welt daily reported citing calculations the federal government gave in response to a request from Gerald Ullrich, a member of the liberal Free Democratic Party (FDP). That assessment is based on the current proposal from the European Commission.
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