World · Europe · 1 day ago

Merz rejects Irish proposal for the EU’s 2028–2034 budget

Merz rejects Irish proposal for the EU’s 2028–2034 budget

The EU is negotiating its long-term budget for 2028 to 2034.

Germany’s Chancellor Friedrich Merz has rejected a new proposal from Ireland, which currently holds the EU Council presidency.

The plan would cut about €159 billion from the European Commission’s original proposal, leaving a budget of about €1.826 trillion.

Germany, the Netherlands, Sweden and Austria want cuts of several hundred billion euros because they contribute more to the EU budget than they receive back.

They also object to how the proposed cuts would affect spending on research, competitiveness, defence and other areas, while agriculture and regional support would largely be protected.

Ireland says many member states want to protect funding for agriculture and regional development, and that no country will get everything it wants.

EU leaders are due to discuss the proposal in Brussels next Thursday and Friday, but a deal by the end of the year is now uncertain.

What people are saying

Friedrich MerzGerman chancellor
The size of the new proposal is not a basis for an agreement.
via Handelsblatt
We are still a long way from an agreement.
via Handelsblatt
Thomas ByrneIrish minister of state for European affairs
Nobody will get everything they wanted. But we believe there is something in it for all member states.
via Handelsblatt
EU diplomatEU diplomat
We urgently need more financial realism and less financial La-La Land.
via Handelsblatt

Sources

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