Initial reactions to the €2 trillion EU budget proposed on Wednesday by European Commission President Ursula von der Leyen for the period 2028-2034 have understandably focused on the overhaul of (and likely cuts to) farm subsidies and environmental policies in favour of new security and competitiveness priorities. While Ireland stands to lose from the watering down of the Common Agricultural Policy, leaving the national government to plug the gap in farmers’ incomes, a new €81.4 billion Connecting Europe Facility for EU-wide improvements to energy and transport networks could help turn this country from an importer of oil and gas into…

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