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Ireland Unveils Compromise EU Budget Plan Cutting €159 Billion
Ireland has put forward a compromise proposal for the next EU long-term budget that would trim the seven-year framework by around €159 billion. The plan aims to bridge the gap between member states demanding deeper cuts in spending and those defending funding for agriculture, cohesion and other shared programmes. Negotiations over the EU's multiannual financial framework have been deadlocked, and Ireland's intervention is being read as an attempt to unblock talks ahead of a summit of European leaders.
Why now: EU budget negotiations are deadlocked and the proposal is a fresh attempt at a compromise
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