The German government on Wednesday formally rejected the European Union’s proposed long-term budget plan, citing concerns over financial responsibility and lack of transparency. Berlin also strongly criticized the idea of introducing a bloc-wide corporate tax, calling it an infringement on national sovereignty.

Germany’s Ministry of Finance said the proposed 2028–2034 budget places an increasing financial burden on member states at a time when many are already struggling with economic uncertainty.

A key point of contention is the proposed EU-wide tax on large corporate profits, which Germany argues would undermine national tax autonomy and potentially weaken the bloc’s overall competitiveness.

The German stance is likely to spark tensions in Brussels, as the European Commission continues efforts to unify member states around a common financing strategy for upcoming collective programs amid ongoing geopolitical and economic pressures.