✉news WorldEU Politics first seen 5 h ago, last 59 min ago, peak #1
France wants EU Google fines to cut member budget contributions
Original: EU should use Google fines to cut member state contributions to budget, France says
France has proposed that fines imposed on Google by the European Union should be used to reduce the contributions that member states pay into the EU budget. The suggestion, reported by Reuters, would redirect competition penalty revenues away from general spending. The idea raises questions over how the bloc should treat one-off fines from large technology companies in its long-term financial planning.
Why now: The EU has issued multibillion-euro antitrust fines to Google, and France's proposal to use that money to lower member state contributions is a fresh and contentious take on EU budget politics.
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