Press Release: Member states get more time to pay extra contributions to EU budget

Member states that had to pay exceptionally high additional contributions to the EU budget as a result of the annual revision of their VAT and GNI data could request to defer their contributions until 1 September 2015. That was the main purpose of a regulation that the Council of the European Union adopted on 18 December 2014. The Council herewith sought to prevent that the annual own resources adjustments created an unreasonably heavy financial burden on member states just before the year-end. Without this amendment member states would have had to pay their additional contributions by 1 December 2015.

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