European Union leaders on Friday asked Ireland, which takes over the rotating EU presidency in July, to propose by October new sources of money for the EU budget for 2028 to 2034 to defuse tensions between its net contributors and beneficiaries.

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…

EU leaders debate a nearly €2 trillion budget for 2028-2034, with crypto transaction levies and capital gains taxes among proposed new revenue sources.

European Union leaders headed for a clash over the bloc’s budget on Friday after both net contributors and beneficiaries criticized an initial proposal on what the EU should pay…

Clashing demands over farm subsidies, defence and debt set the stage for a challenging Irish presidency

Battle lines are being drawn between member states on EU spending, with southern and eastern states seeking more for agriculture and regional funding while hawkish governments…

European Union leaders on Friday asked Ireland, which takes over the rotating EU presidency in July, to propose by October new sources of money for the EU budget for 2028 to 2034…