Member states propose austerity budget for EU

The Council of the European Union adopted on the 12 August 2010 its position on the EU draft budget for the financial year 2011. The Council approved targeted cuts in the European Commission's original proposal whilst ensuring appropriate funding for the priorities of the European Union, in particular economic recovery.

Council of the European Union: Press Release, PRES/10/212: Council adopts its position on the EU draft budget 2011 http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/116151.pdf

EUR-LEX: Budget Online http://eur-lex.europa.eu/budget/www/index-en.htm

ESO: Background information: EU draft budget 2011: The future beyond the crisis http://www.europeansources.info/record/press-release-eu-draft-budget-2011-the-future-beyond-the-crisis/

EUObserver, 12.10.10: Dogfight over EU budget could end in crisis, says MEP http://euobserver.com/9/31022

BBC News, 13.8.10: EU budget plans for 2011 cut by ministers http://www.bbc.co.uk/news/world-europe-10962883

Deutsche Welle, 13.8.10: EU member states aim to slow growth of budget http://www.dw-world.de/dw/article/0,,5906885,00.html

Le Monde, 24.9.10: Brussels and the begging bowl (via PressEurop) http://www.presseurop.eu/en/content/article/346331-brussels-and-begging-bowl

---