eu insists member states finds extra funds
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

EU insists member states finds extra funds

Arab Today, arab today

Arab Today, arab today EU insists member states finds extra funds

Fifty euro notes displayed against a backdrop of the EU flag in Lille
Brussels - AFP

The EU insisted Friday that member states must find more than two billion euros this year to cover spending on Ukraine and youth unemployment projects after Britain baulked at the demand.
"We put the draft amending budget (for 2014) on the table because member states have taken important decisions that concern the whole of Europe," a Commission spokesman said
"These decisions must now be covered," the spokesman said.
The Commission said Wednesday it needed some 4.7 billion euros ($6.4 billion) to cover a series of projects, among them extra support for small- and medium-sized businesses, new member states, and for Ukraine.
After including other sources of funding, the net amount comes down to 2.17 billion euros, but the request has still been called unacceptable by Britain, where the government has been rocked by the stunning success of the anti-EU UK Independence Party in last week's local and European elections.
"At a time when countries across Europe continue to take difficult decisions to deal with deficits, the European Commission should not be asking Europe's taxpayers for yet more money," a spokesman for the British Treasury said.
"(The) EU should manage any additional spending pressures through the reallocation of existing funds within the agreed budget," he said.
"We will work with other governments to achieve a budget for this year which ensures budget discipline and reflects the economic reality in Europe," he added.
In response, the Commission spokesman said: "It is fine if member states make statements but at the end of the day... we try to bring their positions together."
British Prime Minister David Cameron led the charge in negotiations on the European Union's 2014-20 budget, winning last year a first ever real cut of 3.5 percent in the nearly 1.0 trillion euros spending programme compared with 2007-13.
Spending for this year was initially set at about 135 billion euros, down about 7.0 percent from the previous year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu insists member states finds extra funds eu insists member states finds extra funds

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu insists member states finds extra funds eu insists member states finds extra funds

 



GMT 09:51 2017 Sunday ,19 February

Belgium train derailment: One dead and many injured

GMT 23:10 2018 Sunday ,21 January

Air Arabia adds Izmir to Turkey network

GMT 12:42 2016 Wednesday ,10 August

Champs Leicester face renewed challenge

GMT 02:03 2018 Wednesday ,24 January

Masdar, DoT sign MoU

GMT 03:38 2017 Thursday ,28 December

says refs missed three late Durant fouls, one by LeBron

GMT 11:18 2017 Wednesday ,15 February

Reveals plan to get out of financial crisis

GMT 02:13 2017 Wednesday ,04 January

Aerial Attacks Kill 13 Daesh Militants in Iraq

GMT 01:39 2017 Wednesday ,11 January

Mauritanian President Partially Reshuffles Cabinet
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday