Ireland proposes a $1.81 trillion EU budget through 2034. Sweden calls it ‘wildly unaffordable’

Political tensions mounted Tuesday over the European Union’s next long-term budget as pressure builds to get the spending package agreed before a series of unpredictable elections in some of the biggest member countries next year. The EU budget, known as the multiannual financial framework, amounts to around 1.2% of the 27-nation bloc’s gross national income. The MFF is financed mostly by the member countries based on the size of their economies. The spending plan is the cash…