| Author (Corporate) | European Commission: Press and Communication Service |
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| Series Title | Press Release |
| Series Details | IP/04/188 (10.2.04) |
| Publication Date | 10/02/2004 |
| Content Type | News |
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The European Commission proposed on 10 February 2004 granting Bulgaria and Romania a fair and balanced share of the EU budget after their accession. Limited to a period of three years, this 'package' of some €15.4 billion in commitments, €9 billion in payments follows the same principles and methodology that were applied for the ten acceding countries which will join the European Union on 1 May 2004. It will now be presented to the Council for a first debate, before the Commission makes in spring more detailed proposals for negotiations called 'draft common positions' in the fields of agriculture, regional policy and budgetary provisions. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/04/188&format=HTML&rapid=0&language=EN&guiLanguage=en&display= |
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| Countries / Regions | Czechia, Romania |
