EU budget: Ireland pitches €141bn cuts to appease the ‘frugals’

AI Summary

Ireland has proposed an 8% reduction to the next EU budget, with global cooperation and competitiveness facing the deepest cuts and agriculture and cohesion funding reduced by 3%. The plan also includes €55 billion a year in proposed EU own resources, and EU leaders are due to discuss it on 15–16 October.

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.