Dublin: The Irish Council Presidency’s third EU budget negotiating box, presented on 10 October 2026, is the first to contain figures, and governments now have to decide how far to move before the year ends. The presidency aims for agreement on the 2028-2034 budget by the end of 2026. The summaries reviewed for this article do not reproduce the numbers in the box, so the exact starting positions are not yet public.
The Commission presented its proposal on 16 July 2025. It amounts to almost 2 trillion euros, or about 1.26 percent of gross national income on average. Adoption needs unanimity in the Council and the consent of the European Parliament, so any single government can hold the whole package back.
Structure is the other big question. The proposal merges cohesion and agriculture funds into one National and Regional Partnership Plan for each member state. Executive Vice-President Raffaele Fitto says 27 plans would replace 14 funds and more than 500 programmes, which would make the budget simpler on paper but concentrate decisions in national capitals.
The Commission has also tried to ease worries about money. Fitto says each member state would receive the same amounts as today, with a mandatory minimum for less developed regions, although the sources give no figure for that minimum. The mid-term review, he says, reallocated 35 billion euros, with more than 15 billion to competitiveness and almost 12 billion to defence and security.
Progress on technical rules has been easier. In June 2026 the Council backed simpler rules for the European Regional Development Fund, including Interreg, the Cohesion Fund and the European Social Fund. In practice, those decisions give negotiators a base of agreed text while the political questions on size and structure remain open.
Critics worry that the new design weakens regional voices. The Assembly of European Regions criticised in September 2025 that the involvement of regions is left to member states’ discretion. Fitto answers that partnership will work chapter by chapter, and the Commission plans a Right to Stay strategy early next year.
The coming weeks will be tense for the EU budget negotiating box, which will shape every later compromise. Every government will read the figures in the EU budget negotiating box against its own national priorities. The material reviewed does not describe the presidency’s specific proposals, and it does not say which governments object to the figures. Ministers must still bridge differences between net contributors, which want restraint in the EU budget negotiating box, and recipient countries, which want certainty on regional and agricultural support.
The EU budget negotiating box turns a long debate about principles into a contest over numbers. Whether the presidency reaches a deal by year end will show how much room capitals really have to compromise, and the box will frame that debate.





