Governments Brace for €100B Cut to EU Budget Proposal
7 Articles
7 Articles
EU governments are preparing that the upcoming draft long-term federal budget for the period 2028-2034 will provide for cost reductions of more than Euro100 billion, states Policy with reference to unnamed diplomats. "The Irish Presidency of the EU Council is expected to significantly reduce the draft budget proposed by the Euro-Commission (which amounts to almost Euro2 trillion), as deep differences over expenditure persist between capitals," w…
Siegfried Mureșan is more than Vice-President of the EPP (European People's Party) and of the popular parliamentary fraction (the largest in the European Parliament): he is the European Parliament's co-rapporteur on the European Union's multiannual budget on 2028–2034 (MFF) – in negotiations now – with Social Democrat Carla Tavares. He also reads: The government Siegfried Mureșan has fallen to the vote [...] Article What is waiting for Mureșan i…
While the leaders of the EU Member States, who in words praise Mario Draghi's report leaving it largely unimplemented, are preparing to fight in more European Councils starting from a negotiating proposal for the EU's multi-annual financial framework that will cut by more than 100 billion euros the amount proposed by the European Commission, for the think tank Bruegel the same proposal of the EU executive has a decidedly insufficient amount to f…
The potential reductions are causing concern among member states who fear that funds for agricultural subsidies and regional programs will be limited.
Ireland, which holds the presidency of the Council of the European Union, is expected to present a document next week with new details on the budget, which will be the subject of negotiations between member states.
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