Ireland drafts the next EU budget as capitals clash over €1.9 trillion
Ireland will present a draft seven-year EU budget on Saturday, ahead of next week’s Brussels summit, with Thomas Byrne due to set out spending totals and limits for member states to negotiate. RTÉ News reports that six net contributors want several hundred billion euros cut from the Commission’s €1.9 trillion proposal, while 17 leaders are pressing to protect farm and regional funding.
Bottom line — Ireland wants capitals to agree a budget by December, but the €1.9 trillion proposal is already contested on both size and priorities.
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The draft, known as the Negotiation Box, follows weeks of consultations by Irish officials and Taoiseach Micheál Martin, RTÉ News reports.
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Germany, the Netherlands, Denmark, Austria, Finland and Sweden say they account for almost 40% of member states’ contributions and want a stronger focus on competitiveness and defence, according to RTÉ News.
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Leaders from 17 Friends of Cohesion countries say further cuts to the Common Agricultural Policy and cohesion funding could weaken support for the EU, RTÉ News reports.
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The Commission’s proposed National Regional Partnership Plans would give national governments more flexibility over farm and rural-development money, with less of the CAP budget ring-fenced, according to RTÉ News.
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Possible new EU revenue sources include levies on large companies, gambling, tobacco and cryptocurrencies, plus funds from the Emissions Trading System, RTÉ News reports.
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The Irish government is aiming for agreement by the end of its presidency in December; the European Parliament must also approve around 21 pieces of legislation next year for funds to flow from 1 January 2028, RTÉ News reports.