First thoughts on the EU’s budget plans - ING

Analysts at ING Bank explained that the European Commission’s proposals are another attempt to create more integrated Europe. 

Key Quotes:

"Higher contributions and more conditions for money for Eastern European countries, however, will make it hard to get the required unanimity. 

Don’t forget these proposals will now be negotiated between the European Parliament and the European Council. Eventually, the European Council will have to adopt them with unanimity. If the Council does not manage to take a decision, the budget lines of 2020 will be extended for as long as needed. Be prepared for tough and long negotiations."