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Author Topic: Everywhere Austerity in Europe but Brussels plans to spend 2.9% more  (Read 204 times)
Letsbereal
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« on: December 12, 2010, 08:09:10 AM »

Member States agree to EU budget 2011
12 December 2010
, Brussels (NU.nl)
(google trans from Dutch) http://tinyurl.com/2amtesz

http://translate.google.com/translate?u=http%3A%2F%2Fwww.nu.nl%2Feconomie%2F2399287%2Flidstaten-stemmen-in-met-eu-begroting-2011.html&sl=nl&tl=en&hl=&ie=UTF-8

Dutch to English translation by Google

BRUSSELS - The EU Member States on Friday formally approved a compromise on the EU budget for next year. The expenditure will rise by 2.9% to 126.5 billion euros.

The European Parliament is expected next Wednesday for the new budget vote.

States and European Parliament last week were quite together at loggerheads over EU spending for 2011. The parliament had sought an increase of 6%, but the EU countries blocked it.

Control

Then claimed it is exercised by the European parliament debate on the financing of the EU in the long term, but the EU countries didn't want that also.

Negotiators from the parliament took delight Thursday with the promise that they are allowed a say, but that Member States keep the final decision.
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