๐ช๐บ EU Could Slash Seven-Year Budget by โฌ200 Billion โ Politico
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๐ถ The EU's planned seven-year budget of nearly โฌ2 trillion could be cut by โฌ200 billion, Politico reports, citing 12 EU diplomats.
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A revision of the 2028โ2034 budget is expected on October 10. Ireland, which holds the rotating presidency of the Council of the EU, is expected to propose a compromise acceptable to all member states.
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โ๏ธ The cuts could target foreign-policy spending and aid to countries outside the EU, while subsidies supporting European farmers may remain largely unchanged.
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#EU #Europe #Budget #Economy
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๐ช๐บ EU Could Slash Seven-Year Budget by โฌ200 Billion โ Politico โ ๐ถ The EU's planned seven-year budget
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