European Council: the Twenty-Seven Still Divided on the Budget, an Agreement Expected by the End of the Year
10 Articles
10 Articles
Every budget is a political document, and the one that European leaders have begun to negotiate is a declaration of intent on the future of Europe and the correlation of forces to define it. Yesterday’s summit evidenced the positions before the draft Community Budget from 2028 to 2034 that the European Commission presented 11 months ago. The project has been criticized from the outset for lack of ambition for a historic moment whose risks no one…
The leaders of the 27 Member States of the European Union discussed on Friday 19 June the future multi-annual budget of the organisation, which is to cover a period of seven years. A budget of almost EUR 2 000 billion, at the heart of strong tensions between countries that want to reduce spending and those that want to maintain it, and even increase it.
On the second day of the European Council, the leaders concluded that, although the overall volume of the budget remains "the subject of discussion", there is a commitment to mobilise funding in 2028.
It will be "very difficult" to reach an agreement in the EU on the new 2028-2034 multiannual budget, said Irish Prime Minister Micheál Martin ahead of the start of the second day of the EU summit. Ireland will assume the rotating presidency of the European Council from July. Views on the size of the budget and its distribution across areas such as security and agriculture are miles apart.
They agree on the architecture proposed by the Commission, but on priorities and amounts, positions remain distant. The aim is to conclude by the end of the year. Unrealistic? ...
The Heads of State and Government must reach agreement, normally by the end of December, on the sources of funding for the next European budget.
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- 40% of the sources are Center, 40% of the sources lean Right
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