battle over eu budget set to turn ugly
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Battle over EU budget set to turn ugly

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Battle over EU budget set to turn ugly

Brussels - AFP

Negotiations over the European Union budget looked set to turn ugly Wednesday as a drive to ramp up 2013 funding ran into a push to impose a decade of austerity on Brussels. The European Commission is expected to call at 1100 GMT for a budget next year of 138 billion euros ($182 billion), according to EU sources. That would mean an increase of 9.0 billion euros, although officials said the final figure would be subject to last-minute talks. Diplomats warned that several governments including Britain, France and Germany already find a 6.8-percent rise \"unacceptable\" at a time that national governments are forced to impose austerity. The EU budget is always chaotic to negotiate: a big bloc led by France insists spending on agriculture is sacrosanct; while another led by Poland maintains so-called \"cohesion\" funding, or investment in poorer region, must be kept high. Between them, these two primary EU policies account for 80 percent of bloc spending. After bruising battles amid tough spending cuts domestically for most member states, the EU\'s budget for 2012 was agreed at 129 billion -- and in February, the EU executive sought only 131.67 billion for 2013. The Commission says the extra money now demanded next year is needed to settle unpaid bills from its seven-year budgetary cycle, drawing to a close with 2013. Diplomats say the \"substantial\" jump is a response to a push by bigger member states who want to slash 100 billion euros from EU spending during the 2014-2020 budgetary cycle. At the same time, poorer eastern EU countries that normally benefit largely from annual grants aimed at levelling out facilities across the continent, are fighting back to maintain levels of investment. For these countries, according to a joint statement issued during talks in Luxembourg on Tuesday, \"we ought to focus on those instruments that promote growth, jobs and investment.\" Countries among this group argue that deep cuts going forward would only exacerbate the traditional wealth gap among old and new EU states. \"2013 is a test-case for the rest of the decade,\" said a diplomat caught in the middle. \"France has been hawkish so far,\" the diplomat said, referring to the country\'s demands on budget cuts. \"Francois Hollande could undo that a bit were he to win the decisive round in the presidential election, but I\'m not so sure he would be able to change track,\" this negotiator added. In the first skirmishes earlier in the spring, before a Commission forecast of an earlier-than-anticipated pick-up in the economy next year, EU budget commissioner Janusz Lewandowski was working off projections based on 2.0-percent annual inflation. Already on that basis the 129-billion-euro 2012 budget would translate into 142.5 billion in 2017, producing an overall outlay of more than a trillion euros between now and the end of the decade.

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*

battle over eu budget set to turn ugly battle over eu budget set to turn ugly

 



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*

battle over eu budget set to turn ugly battle over eu budget set to turn ugly

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 09:58 2016 Wednesday ,23 March

cartoon four

GMT 13:32 2017 Sunday ,15 January

South Korea prosecutors to decide Monday

GMT 14:04 2012 Tuesday ,04 December

Hotel maid expected in court over Strauss-Kahn assault

GMT 17:18 2017 Sunday ,13 August

Mustafa stars as One Stop Tourism clinch Sharjah

GMT 08:52 2013 Friday ,15 March

Cheb Khaled tops best French song list

GMT 10:55 2014 Wednesday ,10 September

Alexanderia university not to be scene of political battles

GMT 02:23 2013 Monday ,17 June

Facebook reveals details of US data requests

GMT 10:44 2017 Saturday ,01 July

Bolt to make European bow in farewell season

GMT 14:53 2017 Wednesday ,08 November

Here's a viable option for cost-conscious buyers

GMT 03:53 2015 Sunday ,20 September

Queen of romance novels Jackie Collins dies of cancer
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice