Saxony's finance minister fears cut in EU funding

Saxony's Finance Minister Hartmut Vorjohann (CDU) fears that Saxony could receive less funding from Brussels in future due to planned reforms to the EU budget. From an EU perspective, the planned reforms have a certain charm, Vorjohann told the "Sächsische Zeitung" newspaper. "But we are concerned that we will be left behind."

The criticism is directed at the idea of only paying out funding to the member states and no longer to individual regions within the countries. "We are concerned that there will no longer be a direct line to Brussels," said Vorjohann. At the same time, there is concern that less money will arrive if it is initially channelled through the federal budget. According to the Finance Minister, Saxony will receive around 3.8 billion euros from Brussels in the funding period from 2021 to 2027.