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Bulgaria’s Economic and Social Council Opposes Proposed Cuts to EU Budget

Bulgaria’s Economic and Social Council does not support the reduction in the Multiannual Financial Framework for 2028–2034 proposed by the Irish Presidency of the Council of the European Union. The proposed 8% cut to the EU budget would jeopardize the Union’s ability to respond sustainably, adequately and consistently to growing economic, social and geopolitical challenges, the Council says in a statement, reflecting the consensus of employer organizations, trade unions and civil society organizations on the future of the European budget. The Council calls for accelerating negotiations on the…