Series Title | EurActiv |
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Series Details | 08.02.13 |
Publication Date | 08/02/2013 |
Content Type | News |
The European Council on 8 February 2013 reached agreement on the next multiannual financial framework (MFF), which defines the budgetary priorities of the EU for the years 2014-2020. In line with the consolidation efforts in the Member States, EU leaders agreed to cut, compared to the current MFF 2007-2013, the financial resources which the EU may mobilise. However, in order to enhance growth and jobs, funds for research, innovation and education have been increased. Leaders also agreed on a new initiative dedicated to tackling the pressing challenge of youth unemployment. For the new MFF to enter into force in January 2014 a final agreement with the European Parliament had yet to be reached. |
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Source Link | Link to Main Source http://www.euractiv.com/priorities/eu-leaders-agree-budget-cuts-mep-news-517701 |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |