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EU Observer (16 June 2026)

Elena Sanchez Nicolas, Wester van Gaal

Talks on the EU’s next seven-year budget are intensifying, but member states and the European Parliament remain split over what to fund, how much to spend – and how to split the bill.

EU leaders will hold their first formal discussion on Friday (19 June), after the Cypriot presidency tabled the first so-called “negobox”, a draft document setting out possible spending compromises.

Talks are being rushed to get ahead of next year’s election cycle and secure a deal before a possible change in the French presidency, with presidential hopeful Jordan Bardella having vowed to cut France’s EU contribution by half.

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