Sweden rejects new EU budget compromise

Sweden is demanding a substantially smaller EU budget despite a new compromise intended to bring governments closer to an agreement on spending for 2028–2034.

EU minister Jessica Rosencrantz rejected the latest proposal on Saturday, saying its overall spending remained unaffordable and that an agreement was still far away.

The Irish EU presidency’s plan would reduce the European Commission’s original proposal, with cuts falling on areas including competitiveness and external spending, Politico reported. Funding for farmers and regions would be protected under the compromise.

Rosencrantz said Sweden would keep pressing for a better budget with a lower overall total. Her statement concerns negotiations over the next seven-year spending plan; it does not announce a change to Sweden’s current contribution.

EU ministers are due to debate the long-term budget at the General Affairs Council on 13 October, ahead of the European Council meeting on 15–16 October.

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