From POLITICO · · 1m
Germany rejects Ireland's EU budget cuts as too small
Germany and five allies say Ireland's proposal to trim the seven-year EU budget by 159 billion euros does not go far enough. They want cuts of several hundred billion euros.
In brief
Germany and five allies say Ireland's proposal to trim the seven-year EU budget by 159 billion euros does not go far enough. They want cuts of several hundred billion euros. Germany and five wealthy EU states rejected Ireland's proposal to cut the 2028-2034 budget by 159 billion euros, demanding cuts of several…
Ireland proposes 159 billion euro cut
The Irish presidency proposed cutting the EU Commission's budget proposal for 2028 to 2034 by 159 billion euros, roughly eight percent of the total.
Germany leads group demanding more cuts
Germany, Sweden, Denmark, the Netherlands, Finland and Austria rejected Ireland's proposal as insufficient. These six countries together contribute forty percent to the EU budget.
“We are still far from an agreement. The level of the new proposal does not form a basis for an agreement.”
EU leaders to decide at Thursday summit
The budget will be discussed at an EU summit on Thursday and Friday in Brussels. Governments aim to reach agreement by year end before elections in France, Italy and Poland in 2027.
The main idea
Germany and five wealthy EU states rejected Ireland's proposal to cut the 2028-2034 budget by 159 billion euros, demanding cuts of several hundred billion instead.
