Event Brief
Oct 10, 2026 at 1:06 PM ET
Ireland proposes 8% cut to next EU budget
By The BriefBrief · Sources (4)
Ireland proposes reducing the next EU budget by 8%, or €141 billion, with global cooperation and competitiveness facing the deepest cuts. Agriculture and cohesion funding would be reduced by 3%. The proposal also includes €55 billion a year in own resources, and EU leaders are due to discuss it on 15-16 October.
WHO: Ireland
WHAT: Proposed an 8% cut to the next EU budget
WHEN: Reported Oct 10, 2026 at 6:22 AM ET
WHERE: Ireland
WHY: To appease the EU's frugal member states.
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