The proposed EU budget was reduced by 140 billion euros in a new proposal
Ireland proposed cutting the EU's 2028–2034 budget by 159 billion euros to 1.622 trillion, an 8 percent reduction, while the European Commission initially proposed 1.76 trillion euros. Germany rejected the plan, calling for deeper cuts, and said it is not a basis for agreement.
- Ireland proposed cutting the EU budget for 2028 to 2034 by 159 billion euros, reducing it to 1.622 trillion euros, an 8 percent cut from the Commission's initial proposal.
- The European Commission originally proposed a 2028–2034 budget of 1.76 trillion euros, nearly 2 trillion euros in current prices.
- The Irish presidency presented a compromise proposal for the EU's 2028–2034 budget, which is the basis for new negotiations.
- Chancellor Merz rejected the Irish proposal, stating it is not a basis for agreement and that Germany cannot agree with it.
- Germany has called for deep cuts to the Commission's earlier proposal of nearly two trillion euros.
- A European diplomat said the Irish proposal is a disappointment, and the Austrian minister stated it is far from approval in Vienna.
- The revised framework saves 141 billion euros compared to the Commission's initial proposal.
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