Prime Minister Fredtik Reinfeldt

EU summit: Sweden wants spending cuts

2:33 min

EU leaders gather in Brussels Thursday for a two day meeting to thrash out a compromise on the union’s long-term budget.

Swedish Prime Minister Fredrik Reinfeldt will be trying to keep a lid on this country’s contributions to the EU pot.

Sweden has also banded together with seven other countries, including Britain, France, and Germany, to demand overall spending cuts. But they are far from all being on the same page on what to cut, and face the opposition of the 15 nations that are net recipients of EU spending.

Prime Minister Reinfeldt warned parliament’s EU committee Wednesday that the expectations in Brussels are that Sweden should pay more. His goal is to keep that increase to a minimum.

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