Austrian Proposal for EU Growth and Innovation Fund

Politics ♦ Published: May 30, 2012; 11:05 ♦ (Vindobona)

In-depth discussion at the General Affairs Council on the multi-annual financial framework of the EU. Austria pushes for more economizations.

Austrian Proposal for EU Growth and Innovation Fund / Picture: © Vindobona.org

The whole "negotiation box" of the multi-annual financial framework 2014-2020 and thus the full expense and income package was discussed for the first time at today's meeting of the General Affairs Council.

"Our Austrian demands have been consistent for a long time now: The budget proposed by the Commission needs to be reduced; we welcome the introduction of a financial…