The European Commission has proposed a €1.76 trillion budget for the EU for the seven-year period from 2028 to 2034, but difficult negotiations lie ahead over how that money will be spent, where cuts may fall and how the EU will raise additional revenue.
Ireland, as holder of the EU presidency, faces the challenge of finding agreement among all 27 member states at a time of significant geopolitical uncertainty and competing demands on public spending.
The Irish Government’s draft negotiating proposal, known as the Negotiating Box, sets out the latest position ahead of those discussions.
Minister of State for European Affairs and Meath East Fianna Fáil TD Thomas Byrne joined us on The Agenda this morning to explain what is on the table, where Ireland’s priorities lie, and what the proposed budget could mean for Irish taxpayers, farmers and businesses.
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