Author (Corporate) | European Commission: Press and Communication Service |
---|---|
Series Title | Press Release |
Series Details | IP/05/670 (6.6.05) |
Publication Date | 06/06/2005 |
Content Type | News |
In the second downward adjustment in 2005 the European Commission reduced Member States' contributions to the 2005 EU budget by a further €526 million. Fresh economic data and a surplus in the Guarantee Fund for external actions for 2004 were the main reasons for the modification. In a new amended budget the Commission proposed major changes for Member States such as the United Kingdom, (- €909 million), and Germany, (- €320 million). |
|
Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/670&format=HTML&aged=0&language=EN&guiLanguage=en |
Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |
![](https://www.europeansources.info/wp-content/uploads/esologo2.png)