The forthcoming draft of the EU’s long-term budget will include an “ambitious” proposal on new EU taxes, known as own resources, Irish Minister for European Affairs Thomas Byrne told journalists on Monday.

The European Union is currently negotiating its long-term budget for 2028–2034, with the Irish government chairing the talks. EU institutions aim to reach a deal by the end of the year, with the package expected to include new taxes for the first time in the bloc’s history.

The draft text is expected to be presented before mid-October, ahead of the European Council meeting in Brussels. It will serve as a basis for further discussions among…

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