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Northern EU states push for bigger cuts to EU budget than Cyprus plan

1 min read
Source: politico.eu
Northern EU states push for bigger cuts to EU budget than Cyprus plan
Photo: politico.eu
TL;DR Summary

Wealthier northern EU countries are demanding much larger cuts to the €2 trillion multiannual EU budget for 2028–2034 than Cyprus's 2% proposal, sparking a split with southern/eastern members who back maintaining or increasing spending on agriculture and regional subsidies. With a December budget deal and Ireland taking the presidency, negotiators are racing to find a landing zone ahead of a summit while Cyprus shields farmers’ subsidies and shields funds for competitiveness and regional programs.

Topics:world#agriculture-subsidies#budget-negotiations#eu-budget#european-union#frugal-states#politics
Share this article
  1. We want bigger cuts to EU budget than planned, richer countries say  politico.eu
  2. EU Budget Plan Shrinks as Wealthier States Push Back on Spending  Bloomberg
  3. EU Presidency Proposes Small Cut to Bloc's 2028-2034 Budget to Kick off Negotiations  U.S. News & World Report
  4. Brussels begins decisive phase of negotiating shared budget  Financial Times
  5. The Brief – Let the budget battle commence  Euractiv

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