Friday, 16 October 2026

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EU budget

Latest EU budget news

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Illustrative image: empty parliamentary chamber illuminated by artificial night light

PP and Socialists Reject €141 Billion Cut in European Budgets

The Irish presidency proposes an 8% cut to the draft, down to €1.62 trillion for 2028-2034. PPE, S&D, Renew, and Greens oppose the €141 billion reduction.