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Event Brief

EU Negotiators Cut Initial Budget Proposal by €160B

EU negotiators have reduced the initial budget proposal by €160 billion after pressure from some member states. EU leaders are due to discuss the scaled-back budget in Brussels next week.
WHO: EU negotiators
WHAT: EU negotiators cut €160 billion from the initial budget proposal.
WHEN: Reported Oct 10, 2026 at 5:19 AM ET
WHERE: Brussels, Belgium
WHY: Negotiators reduced the proposal in response to pressure from some member states.

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