Romania warns of EU budget deadlock over farm, cohesion funds

Romanian presidential advisor Valentin Naumescu warns that EU negotiations on the 2028-2034 Multiannual Financial Framework will be hard, as Romania and others seek to preserve CAP and cohesion funding while Germany and five other states push for cuts. Risk of a funding gap on January 1, 2028, if no deal by end of 2026. This signals a North-South/East-West split over EU budget priorities, with potential implications for regional investment and agricultural markets.