
Excerpt from irishtimes.com
Ireland and Cyprus have appealed to the European Commission not to forget about island states when thinking about how to shake up the EU’s trillion-euro budget for funding schemes and subsidies.
Correspondence shows behind the scenes Government lobbying to protect EU funding for transport projects, which have helped finance works in the ports of Dublin, Cork and Rosslare.
The commission – the EU’s executive branch that proposes laws – has pitched for an expanded €2 trillion budget that would overhaul Common Agricultural Policy (Cap) payments to farmers and many other funding schemes.
The proposal is just the starting point for two years of negotiations to agree the size of the EU’s next seven-year budget, which will run from 2028 onwards.