The fight for the next EU budget is entering a new phase now that some numbers are finally on the table. The spending figures, put forward by the Cyprus presidency in a “nego box”, have given capitals the clearest indication to date how a plan for nearly €2 trillion budget could be divided up. But […]

EU lawmakers called the document “insufficient” and criticised proposed spending cuts of €32.8 billion. Because the budget requires Parliament’s approval, pressure is mounting to…

EU leaders will hold their first formal discussion on Friday, after the Cypriot presidency tabled the first so-called “negobox”, a draft document setting out possible spending…