The European Union’s long-term budget for 2028-2034 should be 8% lower than the European Commission’s proposed €2 trillion, the Irish EU presidency said on Saturday. This would result in a budget of €1.6 trillion, subject to contentious negotiations among EU countries in the coming months. The EU budget is the main source of financing for … Continue reading EU presidency proposes 8% cut to 2028-2034 EU budget to €1.6 trillion