The country currently holding the rotating presidency of the European Union has proposed a new draft budget for the years 2028 to 2034. This draft is significantly smaller than the original plan put forward by the European Commission, with a proposed reduction of about 140 billion euros. The revised budget is intended to restart negotiations among the 27 EU member states, which have been unable to agree on how to fund the Union due to conflicting national interests. The budget proposal comes at a time when member states are divided over how much money should be allocated to various EU programs, including agricultural subsidies, climate initiatives, and digital transformation projects. Some countries are pushing for more spending, while others are concerned about rising national debts and the economic impact of increased EU funding. As the rotating presidency, the current country has a key role in facilitating discussions and finding common ground. Its goal is to bring member states closer to an agreement, even though the positions held by different countries are often very different. The challenge lies in balancing the diverse needs and priorities of all EU members. This budget proposal is one of several steps aimed at resolving the deadlock and moving forward with the EU's financial planning. The outcome of these discussions will have a major impact on the future of European policies and the ability of the Union to address shared challenges like climate change and technological development.