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EU's Irish presidency wants 8% cut to proposed 2028-2034 budget plan

  • On Saturday, October 10, the Irish Presidency will release a new draft negotiating package for the EU's 2028-2034 budget, aiming to help nudge all 27 member states toward a final deal before year-end.
  • Germany and other 'frugal' Nordic countries demand substantial cuts, while 17 Southern and Eastern European states signed a joint letter last week defending Common Agricultural Policy subsidies and cohesion spending.
  • Parliament's rapporteur Siegfried Muresan warned in April 2026 that a smaller budget would weaken Europe, as Parliament called for approximately 10% increase to fund defense, cohesion, and agricultural priorities.
  • Minister of State for European Affairs Thomas Byrne said the Irish Government will propose trimming the budget by between €100 billion and €200 billion, providing a 'realistic basis' for leaders' final negotiations.
  • European leaders hope to finalize a deal during crunch summits between next week and year-end, though Chancellor Friedrich Merz claimed last week that having no new framework benefits Germany financially.
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186 Articles

Lean Right

Irish Minister Thomas Byrne (European Affairs) calls the initial reactions to his negotiating box on the multiannual budget ‘as expected’. According to him, the new Irish proposal ‘actually provides a basis for negotiations’. Byrne believes it is necessary to reach an agreement before the end of this year. Byrne made these statements before the start of the meeting of EU Ministers for European Affairs.

·Amsterdam, Netherlands (Kingdom of the)
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Lean Left

The European majority in the House warns that it will vote against a scissitude in European priorities.

·Barcelona, Spain
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Lean Left

The proposal of the EU budget put forward by the Irish presidency for the seven-year period 2028-2034 was rejected by the Commission, which deplores the significant reduction in the total size of the press. • As President von der Leyen pointed out in a speech in Strasbourg last week • declared a spokesman for Palazzo Berlaymont during the daily briefing to the press - significant cuts risk compromising the fundamental priorities on which we…

·Rome, Italy
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Center

The Irish EU presidency has published a new proposal for EU funding for the coming years. Its level is still too high for Finland and five other countries.

·Helsinki, Finland
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  • 34% of the sources lean Left, 34% of the sources lean Right
34% Right

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RTÉ broke the news in Ireland on Monday, October 5, 2026.
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