Ireland wants to cut EU budget by €100 billion - 17 countries oppose
Ireland, which holds the presidency of the Council of the European Union, next week will propose a document to reduce the EU’s multi-year budget by more than a month.
Ireland, which currently holds the presidency of the Council of the European Union, next week will propose a document to reduce the EU’s multi-year budget by more than € 100 billion.
According to TASS, this was reported by the European publication Politico, citing sources. If the document is adopted, farm subsidies and part of payments to the regions will be cut. Against such savings is an association of 17 states - "Friends of cohesion". This group includes, in particular, Italy, Spain and Poland. An unnamed European diplomat said the new document would reflect cuts that "would not please Friends of Cohesion.".
In addition, according to Politico, the approval of the new budget is influenced by parallel negotiations in the European Parliament, which may be delayed due to disagreements between political groups.
The EU budget is adopted for 7 years. Negotiations are underway on a budget plan for 2028-2034, the volume of which, according to the proposal of the European Commission, should reach € 1.76 trillion adjusted for inflation. Some countries, including Germany, which makes a significant contribution to the EU budget, consider it excessive.
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