Author (Corporate) | EurActiv |
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Series Title | EurActiv |
Series Details | 30.6.11 |
Publication Date | 30/06/2011 |
Content Type | News |
The European Commission presented on the 29 June 2011 its long-awaited proposals for the EU's next seven-year budget (2014-2020). In a bid to reduce national contributions, the Commission suggested levying new taxes directly, a proposal that was strongly rejected by the UK, which labelled it 'unrealistic'. The proposals also contained a bid to move some €58bn in European spending off the budget, holding down the headline number by moving funding for certain programmes outside the official €972bn figure. |
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Source Link | http://www.euractiv.com/en/priorities/barroso-tables-1trillion-budget-eu-2020-news-506080 |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |
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