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Proposed Next EU Budget Cut Back in Search for Deal
- 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.
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168 Articles
168 Articles
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Dnoticias
DnoticiasThe Irish Presidency's proposal sets the new Multiannual Financial Framework at EUR 1.62 billion, less 8% compared with the value initially proposed by the European Commission.
·Lisboa, Portugal
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EU Eyes €160 Billion Cut From Initial Budget Heading Into Talks
·New York, United States
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Ireland, as the EU President for six months, has proposed cutting the EU budget for the coming years. Ireland proposes reducing it by 140 billion. There is much debate surrounding the upcoming seven-year budget. The Netherlands and five other countries believe that the European Commission wants an excessively large budget. The European Commission had proposed a multiannual budget of 1.76 trillion euros (1,760 billion). In a letter to EU Preside…
·Hilversum, Netherlands (Kingdom of the)
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EU's Irish presidency wants 8% cut to proposed 2028-2034 budget plan
·London, United Kingdom
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Total News Sources168
Leaning Left13Leaning Right25Center19Last UpdatedBias Distribution44% Right
Bias Distribution
- 44% of the sources lean Right
44% Right
L 23%
C 33%
R 44%
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