Cyprus president proposes shortening EU budget cycle to 3-4 years

In a POLITICO interview, Cyprus President Nikos Christodoulides advocates for a shorter EU Multiannual Financial Framework (MFF), arguing that the current 7-year cycle is too rigid given geopolitical and economic uncertainty. The proposal signals a potential shift in EU budget negotiations, though it faces resistance from member states favoring long-term planning. This is an early-stage policy idea, not a formal proposal.