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Governments brace for over €100 billion cuts to EU budget proposal

Politico Europe · 2026-09-29
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EU governments anticipate spending cuts exceeding €100 billion in the bloc's upcoming long-term budget proposal, managed by the Irish presidency. Germany leads a cost-cutting faction demanding reductions of several hundred billion euros to the European Commission's near-€2 trillion proposal, while 17 nations known as the "Friends of Cohesion" oppose the cuts.

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Source: Politico Europe · via ahirlevel.hu