French President François Hollande fired a warning shot to the EU’s fiscal hawks on Tuesday.
He told MEPs in Strasbourg that France would stand up for their demands to protect European spending.
Hollande launched a thinly-veiled attack on British calls to cut the amount the bloc spends over the next seven years, while at the same time defending its EU rebate.
“A compromise is possible, but it must be reasonable and therefore we will have to reason those who want to cut the EU budget beyond what is possible to accept,” he said.
But British Conservative MEP Martin Callanan suggested Hollande should get France’s fiscal house before laying out his grand vision for the European Union.
“The Socialist prescription of Mr Hollande harmonize everything will be crazy for Europe’s competitivness, already France is losing competitivness massively and now he wants to export France’s problems to the rest of Europe,” he said.
Former Belgian prime minister Guy Verhofstadt said the French president should try and convince his fellow leaders to steer away from a ‘race to the bottom.’
“I think Hollande should try to convince his colleagues at the European Council to approve a budget for the future of the EU and to avoid bargaining down,” he said.
The EU budget amounts to nearly one trillion euros.
Negotiations between EU leaders start on Thursday and are expected to go late into Friday night.
- 1euronews live TV - News | euronews : the latest international news as video on demand
- 2Russian rumour mill suggests Putin suffering poor health | euronews, world news
- 3Slovenia becomes 11th EU nation to approve gay marriage | euronews, world news
- 4[LIVE] Germanwings passenger jet crashes in southern France, 148 people on board – authorities | euronews, world news
- 5Exclusive: CIA and Mossad are behind Boko Haram and ISIL, says Sudan president | euronews, world news
- 6Indian rapist says women to blame for being sexually assaulted | euronews, world news
- 7International news | euronews, latest international news
- 8French Alps plane crash treated as suicide and mass murder by co-pilot | euronews, world news
- 9Why is Bulgaria the EU’s most unhappy country? | euronews, world news
- 10eurovibes - a selection of Europe’s best music talent
- 11Greece’s claim for war reparations from Germany explained | euronews, world news
- 12Reaching new heights: Parents in India scale walls to ‘help students cheat’ | euronews, world news
- 13Tens of thousands march in Moscow in memory of Boris Nemtsov | euronews, world news
- 14International breaking news | euronews online world breaking news in video
- 15French prosecutor: Germanwings co-pilot appears to have crashed plane deliberately | euronews, world news
- 16Manufacturing jihad – Nicolas Hénin explains what he learned about ISIL | euronews, the global conversation
- 17Germanwings press conference mystery: what wasn’t he supposed to say? | euronews, world news
- 18Which EU country has the biggest gender pay gap? | euronews, world news
- 19Romania left red-faced after France-Germany map gaffe | euronews, world news
- 20London calling: why home-loving Hungarians are flocking to British capital | euronews, reporter