Portugal · Story · Politics
EU budget cuts proposed and negotiated by Portugal
The Irish presidency proposed an 8% cut in the EU budget, and António Costa will lead negotiations amid criticism from member states.
No new coverage since 11 October 2026.
The story so far as of 11 October 2026
On 10 October, the Irish presidency of the EU Council proposed an 8% cut in the EU's multiannual budget for 2028 to 2034, aiming for a total of €1.62 trillion. This proposal sought to preserve funding for cohesion and agriculture and was expected to be agreed upon by Christmas. On 11 October, António Costa, President of the European Council, was announced as the principal negotiator for the budget, following criticisms of the Irish proposal. His role involved leading negotiations among EU member states to finalize the budget.
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Coverage, day by day
- Politics
António Costa to lead EU budget negotiations
Impact EU budget negotiations will affect member states' funding allocations, impacting public-sector planning.
Sources: Jornal Económico ↗, RTP ↗
- Politics
EU Budget Cuts Proposed by Irish Presidency
Impact Public-sector projects in Portugal reliant on EU funding may face budget constraints.
Sources: Jornal de Negocios ↗, Diário de Notícias Madeira (dnoticias.pt) ↗, RTP ↗
Sources in this story
Sources: each headline links to the original article on the publisher's site.