From Reuters.

European Commission President Ursula von der Leyen and Icelandic Prime Minister Kristrun Frostadottir hold a press conference during von der Leyen’s visit to Iceland. This comes as The European Commission on Wednesday proposed a $2.31 trillion EU budget for 2028 to 2034, with a new emphasis on economic competitiveness and defence and plans to overhaul traditional spending on farming and regional development.

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