Cypriot Presidency plans to table parameters of the new EU budget at the June summit
Kyiv • UNN
Cyprus, presiding in the Council of the EU, plans to present a negotiating document with parameters of the new long-term EU budget at the June summit. President Christodoulides stated this after the EU leaders' meeting.
Cyprus, which currently holds the presidency of the Council of the European Union, plans to present a negotiating document with specific parameters for the new long-term EU budget at the June summit. This was stated by Cyprus President Nikos Christodoulides after an informal meeting of EU leaders, reports UNN.
According to him, the Cypriot side has already carried out significant preparatory work and brought closer the positions of member states on key issues of the Union's future budget.
We have already made targeted changes to the negotiating framework on key issues. This creates a solid foundation for the next stage of negotiations
He added that work will be accelerated in the coming weeks, with the main goal remaining the submission of a document with figures to the June meeting of the European Council.
Our task is clear – to present a negotiating document with figures at the June summit
This concerns the new multiannual financial framework of the EU, which will determine the bloc's spending from 2028. Among the main negotiation topics are defense, support for competitiveness, energy, agriculture, and cohesion policy.