At the December General Affairs Council (GAC), Member States exchanged views on the revised Multiannual Financial Framework (MFF) proposal put forward by the Finnish Presidency. This is the most recent iteration of the draft proposal by successive Presidencies in these complex negotiations, which are likely to continue well into 2020. The Presidency has proposed an overall level of 1.07% of EU27 GNI for the next MFF period 2021-2027 and has maintained or slightly increased the allocations for Cohesion and CAP, which are priority areas for Ireland. To maintain CAP and Cohesion spending at the level proposed by the Commission, the Presidency has proposed adjustments to a range of other programmes. At the GAC, Member States expressed a range of views on the proposals according to their particular priorities, including in relation to the proposed overall amount, the distribution of funding across different areas and the possible sources of revenue for the MFF. Following discussion at the GAC, the Presidency presented the revised Negotiating Box to the December European Council. The Heads of State and Government called on the President of the European Council, Charles Michel, to take the negotiations forward with the aim of reaching a final agreement. Ireland continues to take a constructive approach in the MFF negotiations. We remain open to increasing our contribution to the budget from current levels provided European Added Value is ensured and our core interests are met, including maintaining funding for CAP.