EU's Irish presidency wants 8% cut to proposed 2028-2034 budget plan
The compromise draft trims the Commission’s proposal by 8% and protects farm and regional spending while seeking new EU revenue sources.
- On Saturday, October 10, the Irish Presidency will release a new draft negotiating package for the EU's 2028-2034 budget, aiming to help nudge all 27 member states toward a final deal before year-end.
- Germany and other 'frugal' Nordic countries demand substantial cuts, while 17 Southern and Eastern European states signed a joint letter last week defending Common Agricultural Policy subsidies and cohesion spending.
- Parliament's rapporteur Siegfried Muresan warned in April 2026 that a smaller budget would weaken Europe, as Parliament called for approximately 10% increase to fund defense, cohesion, and agricultural priorities.
- Minister of State for European Affairs Thomas Byrne said the Irish Government will propose trimming the budget by between €100 billion and €200 billion, providing a 'realistic basis' for leaders' final negotiations.
- European leaders hope to finalize a deal during crunch summits between next week and year-end, though Chancellor Friedrich Merz claimed last week that having no new framework benefits Germany financially.
82 Articles
82 Articles
The Germans considered the eight percent cut in the seven-year budget draft starting in 2028 to be too small, and the EP considered it too large.
The Irish presidency of the EU on Saturday proposed an 8 percent cut to the European Commission's 2028-2034 budget, which would amount to 1.6 trillion euros. But more frugal member states say the cut is still not enough.
The match on the budget 2028-2034 opens, the compromise of the Irish presidency is insufficient for the Group of Germany. Save the chapters agriculture and cohesion dear to the Group of Italy. Departure up towards the desired agreement by the end of the year
The proposal reduces the accounts initially raised by the European Commission by €141 billion
Die Bundesregierung kritisiert den Vorschlag Irlands für den nächsten mehrjährigen EU-Haushalt. Deutschland als größter Nettozahler verlangt weitaus tefere
Coverage Details
Bias Distribution
- 40% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
