France urges EU to use €4.6 billion in Google fines to cut contributions

  • Benjamin Haddad urged the EU to use Google fines to reduce member-state contributions.
  • Google's EU penalties reached €10.38 billion over nearly two decades.
  • EU governments are negotiating the 2028-2034 budget through summits in October, November and December.

France's Europe Minister Benjamin Haddad said the European Union should use €4.6 billion from fines imposed on Google as a new revenue source to reduce member states' contributions to the EU budget. EU capitals remain divided over the budget's size and spending priorities. Google was fined €890 million ($1.01 billion) in July for violating European Union rules targeting the power of Big Tech (large technology companies), bringing the bloc's cumulative penalties against the company for anti-competitive practices to €10.38 billion over nearly two decades. Governments are negotiating the 2028-2034 budget, while the European Commission has proposed a €2 trillion package equal to 1.26% of EU gross national income, including €168 billion, or 0.11% of GNI, to service borrowing for the post-pandemic recovery fund.

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