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EU presidency proposes small cut to bloc's 2028-2034 budget to kick off negotiations

BRUSSELS, June 11 - The European Union's budget for 2028-2034 should be 2% smaller than the 2 trillion euros proposed last year, the Cypriot EU presidency proposed on Thursday, opening months of negotiations on what EU…

1 report1 sourceJun 11, 2026, 4:33 PM
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The Straits TimesJun 11, 2026, 4:33 PM

EU presidency proposes small cut to bloc's 2028-2034 budget to kick off negotiations

BRUSSELS, June 11 - The European Union's budget for 2028-2034 should be 2% smaller than the 2 trillion euros proposed last year, the Cypriot EU presidency proposed on Thursday, opening months of negotiations on what EU policies should get funding.

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