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The EU's Trillion-Euro Budget Fight
Published 1 week, 3 days ago
Description
For the 2028-2034 EU budget, the Commission proposes about 2 trillion euros, Parliament wants 10 percent more, and the Irish presidency's October 2026 negotiating box is 1.62 trillion euros, still 30 percent above the current budget. Unanimity among all 27 is required and an end-2026 deal now looks unlikely, with flashpoints over farm and cohesion funding, rebates and new own resources.