Government Proposes €141bn Cut to EU Budget

Jornal Expresso

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The Irish Presidency of the European Union has cut €140 billion from the Community budget after 2028. Germany and the Netherlands say "nein" and demand a bigger knife. Portugal is already able to keep the extra money achieved in June, but it still needs to negotiate at least 900 million more to Madeira and the Azores.

Sapo

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Portugal has secured a national allocation of EUR 35.1 billion in the proposal of the Irish Presidency of the European Union, but requires an additional EUR 900 million for the outermost regions, the Azores and Madeira.

ANSA

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The Irish presidency is aiming for an agreement by Christmas, but the frugals are already raising their shields (ANSA)

enikos.gr

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European Union countries are divided over the 2028-2034 multiannual budget, with Germany rejecting the Irish proposal for 8% cuts as insufficient. Berlin, along with other countries, is calling for much deeper cuts, while other states oppose cuts to farm subsidies and regional payments.

Ştiri de Cluj

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Ireland presented on Saturday a revised proposal for the European Union budget for the period 2028-2034, which provides for expenditure of approximately 141 billion euros lower than those included in the European Commission's initial draft. The counter-proposal would reduce the budget by about 8% and pursue...