EU Budget: Losses for Poland Will Keep Within Limits

People ♦ Published: November 17, 2012; 19:16 ♦ (Vindobona)

Poland will still be the biggest net contributor. According to Poland´s Prime Minister Donald Tusk, the negotiations prove highly difficult.

EU Budget: Losses for Poland Will Keep Within Limits / Picture: © Vindobona.org

After the failed first negotiation round, the positions are still the same. Richer countries favor deeper cuts. By contrast, new EU members argue that a higher EU budget will support employment and economic growth. Tusk stresses that the cohesion policy is the most important economic tool within the EU. The cohesion fund is used to support investments and infrastructure projects in less…