World · Europe · 7 hrs ago

Germany and five allies reject Ireland’s proposed EU budget cut as too small

Germany and five allies reject Ireland’s proposed EU budget cut as too small

Ireland has proposed cutting the European Commission’s draft budget for 2028 to 2034 by €159 billion.

The plan is close to €2 trillion, and the proposed cut would still leave it larger than the current budget.

Germany and five allies—Sweden, Denmark, the Netherlands, Finland and Austria—say the reduction is too small and want cuts of several hundred billion euros.

The six countries together contribute about 40 percent of the EU budget, while Germany is its largest contributor.

EU countries are divided over spending on areas such as farm subsidies and regional development, which account for nearly half of the proposed budget.

Leaders will discuss the plan at a summit in Brussels on Thursday and Friday.

EU governments aim to agree on the budget by the end of the year, before elections in France, Italy and Poland in 2027 could complicate talks.

Sources

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