Commission: €11bn extra or we could halt EU payments

Speaking at a hearing of the European Parliament's budget committee in Strasbourg on 15 April 2013, Polish budgets commissioner Janusz Lewandowski, admitted that the the commission had "cashflow problems" and would struggle to make cohesion payments in the second half of 2013.

According to figures distributed to MEPs in Strasbourg, the commission needs an extra €11.2 billion to cover payments for projects across the EU in 2013.

ESO: Background information: EU commission asks for €11bn to plug budget gap http://www.europeansources.info/record/eu-commission-asks-for-e11bn-to-plug-budget-gap/

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