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.
Copyright © 2014 euronewsMore about:
- 1euronews live TV - News | euronews : the latest international news as video on demand
- 2Two container ships collide on Egypt’s Suez Canal | euronews, no comment
- 3International tv news | euronews: European and International tv news bulletin
- 4Revealed: Europe’s capital cities where it’s hardest to be a foreigner | euronews, world news
- 5European Union News | euronews: latest breaking news and headlines about European Union
- 6Sweden becomes first European nation to recognise Palestine | euronews, world news
- 7All you need to know about the Ebola virus | euronews, world news
- 8How nasheeds became the soundtrack of jihad | euronews, world news
- 9What to expect in “The World of Ice and Fire,” George R.R. Martin’s new book | euronews, world news
- 10Where is the best place in Europe for women? | euronews, world news
- 11Philippe Starck: ‘Words like longevity and legacy have become almost avant-garde’ | euronews, the global conversation
- 12Ebola: Six new suspected cases in Spain | euronews, world news
- 13Learning through “serious games” | euronews, learning world
- 14US says ISIL makes $1 million-a-day selling oil – even to enemies | euronews, world news
- 15Mike Tyson: ‘You learn humbleness when you get older in life’ | euronews, the global conversation
- 16International news | euronews, latest international news
- 17International breaking news | euronews online world breaking news in video
- 18US delivers technical aid to Ukraine but warns over security | euronews, world news
- 19euronews apps : iPhone, iPad, Android, Windows Phone 8, Windows 8, Nokia S40, Nokia Asha, Smart TV and Google Glass
- 20Maritime drama deepens as Sweden extends ‘mystery submarine’ search | euronews, world news