EU Budget: Austria Threatens to Veto

Politics ♦ Published: November 10, 2012; 15:07 ♦ (Vindobona)

Austria´s Vice Chancellor Michael Spindelegger explains that cuts in the agricultural sector will not be accepted.

EU Budget: Austria Threatens to Veto / Picture: © Flickr / The Austrian Foreign Ministry

The negotiations on the financial framework from 2014 to 20120 prove difficult. Spindeleger underlines that Austria is a net payer and emphasizes that Austria will keep its discount. “If neither the discount nor the benefits in the agricultural sector may be kept, we will not accept the budget.”

Spindelegger explains that countries like the U.K. or Germany receive a discount.…

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