# Six EU Leaders Reject Proposed Budget Increase

September 29, 2026 at 08:40 PM

> Chancellor Christian Stocker and five other net contributors demand a multi-billion euro reduction to the EU's 2028 financial framework.

[Austrian](<https://austriareport.com/entity/austria-q40>) Federal Chancellor [Christian Stocker](<https://austriareport.com/entity/christian-stocker-q64576653>) and five other heads of government have sent a formal letter to the [Irish EU Council Presidency](<https://austriareport.com/entity/presidency-of-the-council-of-the-european-union-q308905>) regarding financial negotiations. The group includes leaders from [Germany](<https://austriareport.com/entity/germany-q183>), Sweden, Finland, the Netherlands, and Denmark.

The signatories, all representing net contributor nations, rejected the [EU Commission](<https://austriareport.com/entity/european-commission-q8880>)'s proposed 60 percent nominal budget increase for the 2028 Multiannual Financial Framework. They described the current approach as economically and politically unrealistic.

The letter requests that the Irish Presidency present a new proposal reduced by several hundred billion euros for the October EU summit. The six nations aim to prevent a budget reduction compared to the current MFF while ensuring a sustainable fiscal future.


#EUBudget [#ChristianStocker](<https://austriareport.com/hashtag/ChristianStocker>) #EUFinance #MultiannualFinancialFramework [#EuropeanUnion](<https://austriareport.com/hashtag/EuropeanUnion>)

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