Denmark in average pay 6.7 billion dollars more each year than in the existing budget period, if EU countries accept the proposal which the EU Commission has presented 27. may.

It will be an increase of 34 percent compared to the current average.

It shows the Ministry of finance’s preliminary calculations of the budget, which is published on Tuesday evening.

– Therefore we need to look carefully at whether the money can be used more sensibly in the EU budget, and whether we can bring the bill down, says the finance minister, Nicolai Wammen (S) in a message.

the Planned additional spending in 2020 as a result of coronavirus has not been calculated.

After two years of negotiations at diplomatic and ministerial level, the EU’s heads of state and government had one real duel on the budget. It was at the end of February – with no result – and in coronaviruses paralyzed the continent.

With the pandemic changed the financial prospects of the EU total.

the EU Commission announced that it would submit a new proposal for a budget that took into account the historic downturn, that is in the wait.

Denmark is fighting in an alliance with Austria, Sweden and the Netherlands for a budget that is significantly less than the EU Commission’s proposal. They are called sparebanden or the frugal four.

All EU-countries agree that, in addition to the budget is needed for a genopretningsfond, as proposed in a joint proposal from France and Germany in may.

A proposal that the EUROPEAN Commission will borrow on the capital markets, in the first instance to the finance, also has wide support.

in return, the countries are divided between a group who want, to money will be ‘given’ to the countries worst hit by the crisis.

A second group of countries, including Denmark, says, conversely, that the fund’s money is to be loaned linked to conditions.

– This is equal parts solidarity and responsibility. As a small and open economy it is in Denmark’s clear interest to help the countries hardest hit by the crisis, says Nicolai Wammen.

however, He is opposed to handing out common EU money as subsidies to the worst-affected EU countries.

– We are rather sceptical about the common debt, which has to be translated into direct support to other countries, he says.

another question is, how the loans on the capital markets to be paid back.

the EUROPEAN Commission proposes that payment must be over 30 years and will not start until 2028.

at the same time, it is proposed that the EU countries agree to give the EU more ‘ own resources. It is taxes and fees, which goes into EU coffers instead of in treasuries around the member states.

It is far from popular in all countries, since one thereby also moves the power to the EU. It will require the approval of Parliament and all other parliaments in the european UNION.

the Commission believes that the entire genopretningsfonden, which, according to the proposal is at 5560 billion dollars, can be paid back with the EU’s own resources.

the EU-budget put a ceiling for the amount of the EU are allowed to use in the period – and in what policy areas. It is determined, for seven years. The current budget was negotiated in 2013.