The Cypriot Presidency's negotiating box on the Multiannual Financial Framework includes a moderate cut of 2% compared to the Commission proposal.

Omissions

• The claim does not specify that it refers to the MFF for the period 2028–2034.
• The speaker, Marilena Raouna, is the Cypriot Deputy Minister for European Affairs, meaning she speaks as a representative of the very Presidency that produced the negotiating box — this is not an independent assessment but advocacy for her own government's position.
• Some observers calculate the effective cut differently: WWF, for example, states the overall proposed cut is 4.8% rather than 2%, depending on how inflation and current MFF baselines are factored in.
• The Politico article notes that several richer EU member states want even deeper cuts, suggesting the 2% figure is contested rather than settled.

Sources

• PrimaryCyprus Presidency of the Council of the EU (official website)The Cyprus Presidency proposes a moderate overall reduction of 2% (€32.8 billion) compared with the European Commission's proposal. That is, from €1.76 trillion to €1.72 trillion. This reflects a realistic and balanced compromise, preserving the modernising and ambitious character of the next MFF.
• PrimaryCouncil of the European Union (Consilium)On 11 June 2026 the Cyprus presidency presented a revised negotiating box, with figures, aiming to identify elements for political consideration and possible compromise on the MFF for 2028-2034.
• SecondaryPolitico EuropeThe plan for a 2 percent (€32.8 billion) cut to the European Commission's proposal for 2028 to 2034, put forward by the Cypriot government in its role as holder of the rotating presidency of the Council of the EU.