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Multiannual Financial Framework

All articles tagged with #multiannual financial framework

Germany rejects Irish EU budget compromise as insufficient
politics1 hour ago

Germany rejects Irish EU budget compromise as insufficient

Germany and other net contributor states rejected Ireland's latest proposal to cut the EU's 2028-2034 budget by €159 billion, arguing the reductions are inadequate. The proposal, which still represents a 30% increase over current spending, leaves agriculture and regional funds largely untouched while slashing defense and competitiveness. EU leaders will debate the plan at a summit next week, with an end-of-year deadline looming before 2027 elections.

EU budget talks accelerate as Bardella threatens France’s EU contribution
politics3 months ago

EU budget talks accelerate as Bardella threatens France’s EU contribution

Germany urged EU partners to clinch a long-term budget deal for 2028-2034 by year-end after French far-right leader Jordan Bardella vowed to halve France’s EU contribution, reviving Frexit concerns; ECB President Christine Lagarde warned against separatist ambitions in a separate interview, as EU ministers in Luxembourg push for urgency while negotiating the MFF amid political tensions.

EU budget battle deepens as Cyprus summit kicks off 2028-34 talks
europe-politics5 months ago

EU budget battle deepens as Cyprus summit kicks off 2028-34 talks

EU leaders at a Cyprus summit pressed to advance an €1.8 trillion 2028-34 budget, but remain far apart on its size, purpose, and funding. Debates center on whether to expand spending or cut it, and how to bankroll it through “own resources” like the Carbon Border Adjustment Mechanism, emissions trading, and other levies, with countries split between ambitious investment and fiscal restraint as they eye next year’s elections. The goal is to seal a deal by year’s end, before Parliament negotiations resume.