Brussels is facing a limited window to secure an agreement on its upcoming long-term budget.
EU leaders are meeting in Cyprus this week for a potentially contentious discussion on the bloc’s €1.8 trillion plan, which is already causing divisions between the north and south, farmers and reformers, and national capitals and Brussels. Council President Antonio Costa is pushing for progress. However, with proposed new EU taxes, debt repayments, and upcoming elections on the agenda, finding a compromise appears challenging.
In today’s episode, Ian Wishart and Ryan Heath explain what’s at stake and why this conflict is just beginning.
They also explore the Commission’s new emergency energy package, as fears of a new crisis intensify due to the war in Iran and disruptions to oil flows through the Strait of Hormuz.
Additionally: A revived Paris–Brussels relationship brings up difficult questions about power, politics, and conflicts of interest.
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