BRUSSELS ― The EU should consider approving a three or four-year budget instead of trying to plan the bloc’s financial needs for seven years, the president of Cyprus told POLITICO. “We’re discussing the budget in 2034 and now we’re in 2026,” Nikos Christodoulides said in an interview on the sidelines of Thursday’s summit of EU leaders in Brussels. A three or four-year budget might be “easier” for some member countries to swallow, he suggested. “Why not open the political discussion?” “You don’t know what’s going to be the situation in 2030, 2031,” he added. “I mean, look what happened with Covid, with the Ukrainian war … It’s not possible to declare all your priorities today.
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