EU leaders to clash over bloc's next 7-year budget, seek new revenue sources
Leaders are divided over cuts to farm and cohesion spending as the Commission’s proposal would raise the budget to about €2 trillion and add new revenue sources.
- On Friday, European Union leaders began budget talks in Brussels centered on a revised Cypriot proposal that cuts €32.8 billion from the proposed €2 trillion spending package.
- Deep divisions persist between 'frugal countries' like Germany and the Netherlands, which oppose spending increases, and the 'Friends of Cohesion,' a coalition demanding more agricultural and regional funding.
- The European Parliament rejected the Cypriot plan as insufficient for agriculture and regional funding, while the European Commission proposes reducing such spending from around 60% of the current budget to 44%.
- Member states remain deadlocked over financing, with Italy, France, and Greece proposing 'rolling debt' to repay NextGenerationEU, though Germany and the Netherlands strongly reject this mechanism.
- Leaders aim to conclude the budget package by the end of 2026 to avoid extending negotiations, as any final deal requires unanimous support from all 27 member states.
76 Articles
76 Articles
BRUSSELS In a context of financial constraints on the national front and new ambitions on the Community side, the Twenty-seven decided yesterday to relaunch the yard of own resources,...
Abela pushes cohesion funding and migration coordination at EU summit
At a European Council summit in Brussels, Prime Minister Robert Abela stressed the importance of cohesion policy and the need to achieve a balance that reflects the realities and challenges faced by each EU member state.During the meeting, leaders discussed progress made under the Cypriot Presidency in negotiations on the 2028–2034 Multiannual Financial Framework, better...
At the Brussels Summit, the Heads of State and Government are arguing for the first time about the level of the future EU budget. Friedrich Merz is the main figure in the first act of the drama.
Bigger or smaller – this is the fundamental dispute between member states regarding the EU's multiannual financial framework (MFF). Lithuania is in favor of the current proposal, but more ambitions are on the agenda.
Coverage Details
Bias Distribution
- 41% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
