Europe Today
Ireland's EU budget proposal has no 'weak points', Irish minister says
Irish Minister of State for European Affairs Neale Richmond has defended Ireland’s proposal for the EU’s next seven-year budget, describing it as a “demonstration of what is actually realistic” amid criticism from other member states.
Europe Today
Spanish FM on Euronews, Black Sea drone attacks, EU-China reset
Spain is under pressure on multiple fronts: war in Ukraine, a housing crisis, snap elections, and tension with Morocco over Ceuta. In an exclusive interview, Foreign Minister Albares tells how Madrid is coping. Plus: Drone attacks in the Black Sea, an EU-China reset, and Ireland's EU budget plan.
Business
Europe’s satellite sovereignty ambitions face EU funding test
Regulators, EU officials and Spanish satellite operator Sateliot gathered at the European Parliament on Tuesday to debate how spectrum and investment will shape Europe’s networks in orbit, with the EU’s 2021-2027 space funding cycle ending next year.
Europe News
Germany leads backlash against EU budget plan ahead of summit
An Irish compromise proposal for the EU’s long-term budget has drawn fire from the net-paying countries over its size and its focus on cutting ‘modern’ priorities. The Commission and MEPs have countered, warning of the risks of a less ambitious, more rigid budget.
Europe News
EU budget: Ireland pitches €141bn cuts to appease the ‘frugals’
Ireland proposes cutting the next EU budget by 8%, with global cooperation and competitiveness taking the deepest cuts, while agriculture and cohesion funding is reduced by only 3%. It also includes a €55bn-a-year package of own resources. EU leaders will discuss the plan on 15-16 October.
Economy
EU debt could hit €1 trillion by 2027, auditors warn
EU auditors said 3.8% of the bloc's spending last year breached funding rules, warning that borrowing could hit €1 trillion by 2027 and that the next long-term budget risks repeating the flaws of the COVID-era recovery fund, as the Commission defended its controls.
Europe News
EU budget talks face deadlock despite push for year-end deal
Member states have spent months reiterating their negotiating positions, fuelling frustration within EU institutions that are pushing for faster progress. Reaching an agreement only in December would mean that negotiations remain largely deadlocked until the final stage.
Europe Today
WATCH: Big EU budget needed in ‘turbulent times’, Greek minister says
Greece’s deputy minister for foreign affairs has advocated for a bigger EU budget and joint debt in targeted sectors to address “unprecedented technological and industrial transformation” in one of the most “turbulent” times for Europe, ahead of ministerial talks on the bloc’s long-term budget.