Author (Person) | Parker, George |
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Series Title | Financial Times |
Series Details | 30.7.04 |
Publication Date | 30/07/2004 |
Content Type | News |
The biggest paymasters in the European Union have privately discussed blocking the adoption of a new EU budget, causing financial chaos, unless there are big cuts to the proposed €1,000bn seven-year budget. Germany, Britain and the Netherlands have indicated that they are prepared to delay agreement on a new spending round from 2007-13 unless other Member States agree to the cuts. |
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Subject Categories | Economic and Financial Affairs, Politics and International Relations |