EU governments will hold substantial negotiations on how to allocate €2 trillion of the European common budget over the next seven years, pitting frugals calling for cuts against member states defending money for agriculture to be preserved in tough talks ahead. #EuropeNews

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…