Sweden to reject Irish EU presidency proposal on 2028-2034 budget plan
Sweden says the draft would raise its net EU contribution by almost 60% as leaders race to secure unanimous approval before year-end.
- On Thursday, Swedish Prime Minister Ulf Kristersson announced that Sweden will reject the Irish EU presidency's budget proposal for the European Commission's 2028 to 2034 budget plan.
- Published last Saturday, the Irish government's draft faces criticism from member states seeking deeper cuts to the €1.72 billion European Commission proposal, while the Commission argues it removed essential flexibilities.
- Taoiseach Micheál Martin noted that countries representing 46% of national contributions argue the budget is too high, while others insist on protecting CAP and cohesion funding.
- Frugal member states have cast doubt on reaching agreement by the final December summit, though Martin stated Ireland remains a neutral chair in negotiations.
- Reaching agreement is considered essential before elections next year that could shift political power, and to meet the legislative timetable for the budget to take effect on January 1, 2028.
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227 Articles
EU summit ends without budget deal as Ukraine seeks €40bn for 2027 defence
Credit: bne IntelliNewsEU leaders failed to agree the bloc's 2028-2034 budget and pushed the fight to a November 26 summit, as Kyiv told the G7 that €40bn of its 2027 defence needs is unfunded.
France's Macron warns EU leaders they need budget deal before year-end, say diplomats
BRUSSELS, Oct 16 - French President Emmanuel Macron has warned EU leaders they should agree the bloc's next long-term budget before the end of the year because elections in several countries, including France, will make a deal harder to secure, two diplomats said. Read more at straitstimes.com.
EU budget negotiations 2028-2034 come alive between cuts clashes, agricultural and cohesion funds and new European taxes. The goal is to reach an agreement by the end of the year, but the divisions between Member States remain deep.
Having met in the European Council since Thursday, the Member States are still unable to agree on the next multiannual financial framework for the EU for the period 2028-2034. Since Brussels, some countries have been pressing for an agreement by the end of the year.
The negotiations on the next European budget take place in the name of the divisions, with the leaders of the EU called to mediate between opposing visions on the financial future of the Union. The President of the European Council Antonio Costa, after listening to the positions of all the Member States on the EU's Mff 2028-34, the EU's Pluriennial Financial Framework, will present his own "negobox" (Negotiating Box), [...] L'articolo Budget EU …
The leaders of the European Union expressed their firm opposition to a new budget proposal for the period 2028-2034 on Thursday, raising questions about the possibility of an agreement before the end of the year. The EU countries had an exchange of views sometimes "recitals on the future of the EU budget, which made clear ...
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